Capital Gains Taxes on the Sale of a Business

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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.

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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