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Custom Structured Settlements Announces Strategic Solution to 1031 Tax Surprises
Custom Structured Settlements, LLC announces The Tax Protector℠, a strategic solution to tax surprises from boot and §1031 failure. The Tax Protector℠ uniquely applies the 60+ years of deep tax planning experience of founders Art Jensen, CPA and James W. Smyth, Esq. It enhance control, flexibility, and leverage in property sellers while eliminating tax dangers…
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Read MoreAvoid Tax Exposure of a Failed 1031 with a Backup Rescue Plan
Like-kind exchange tax deferral plans can fail due to non-controllable factors. For example, the regulations provide no freedom to extend the mandated 45-day and 180-day requirements. If these deadlines are missed, even when it is not your fault, the tax deferral under Section 1031 can be completely lost.
Read More1031 Exchange Limitations – It’s Time to Consider a Better Plan
Replace in Favor of Tax Deferral Section 453 Installment Sale Reporting The Internal Revenue Code frequently has tax provisions that have a certain financial balance to them as to tax revenues – and Section 1031 certainly reflects this point. Although taxpayers are attracted to Section 1031 as a means to defer taxes on the sale of…
Read More1031 Exchange Limitations – It’s Time to Consider a Better Plan
Replace in Favor of Tax Deferral Section 453 Installment Sale Reporting The Internal Revenue Code frequently has tax provisions that have a certain financial balance to them as to tax revenues – and Section 1031 certainly reflects this point. Although taxpayers are attracted to Section 1031 as a means to defer taxes on the sale of…
Read MoreCapital Gains and Losses: Ten Facts That You Should Know About
Ten Facts That You Should Know about Capital Gains and Losses When you sell a capital asset the sale results in a capital gain or loss. A capital asset includes most property you own for personal use or own as an investment. Here are 10 facts that you should know about capital gains and losses:…
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