We are often asked if property can be exchanged and still provide some cash for other immediate needs? The short answer is yes, however, If you elect to take cash, it will be immediately subject to significant tax. The very tax you are trying to avoid is triggered (up to the amount you touch) […]
Tag Archives | capital gains
What Is Going To Happen to Capital Gains?
By John Hamrick on April 6, 2010 in Guest Contributors, Section 1031 Basics, Tax Advisories, Tax Reporting
By Dave Owens, CPA Republished with Permission As someone that has been in the tax business for over twenty years, I cannot ever remember seeing any predicament like the tax code is in now. Most people do not realize but I believe there will be major tax legislation sometime in 2010. There has to be. […]
Attention Accountants & Attorneys in NH & VT – Lunch & Learn – Free CPE/CLE
By John Hamrick on September 1, 2009 in Events, Professional Training
Connecticut River Bank, NA and Edmund & Wheeler are teaming up for a series of Lunch & Learn events where Accountants & Attorneys can earn continuing education hours and enjoy networking and a free lunch. Several dates have been reserved for September and October.