Capital Gains Taxes on the Sale of a Business
Capital gains are a different type of income from ordinary income on business profits. Taxes on capital gains taxes come into play in the sale of a business because capital assets are being sold.
Original Article Source Credits: The Balance Small Business, https://www.thebalancesmb.com/
Article Written By Jean Murray
Original Article Posted on : May 13, 2021
Link to Original Article: https://www.thebalancesmb.com/how-are-capital-gains-handled-in-the-sale-of-a-business-397789