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Capital Gains Tax Rate on selling a business?
I am trying to understand what are the tax implications from selling my business. How do I figure out my overall gains? What is the rate? Etc?
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I urge you to consult your CPA for tax advice on selling a business. You do not indicate whether this is a proprietorship or corporation, whether you might sell for cash, stock or property, or how much the business might fetch. Therefore any response would be very speculative.
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