Podcast: Biden's Proposed Capital Gains Tax Increase and Business Owners Planning to Sell
Today I’m talking about President Biden’s proposed capital gains tax increase and how it could affect a business owner looking to sell their business. Essentially, the proposal increases long-term capital gains tax rates from 20% to 39.6% on total income above $1M.
Eric Maldonado, CFP®, MBA
Owner, Aquila Wealth Advisors, LLC
(805)250-4552
info@aquilawealth.com
872 Higuera St., San Luis Obispo, CA, 93401
https://www.aquilawealth.com/
Disclosure: Aquila Wealth Advisors, LLC is a registered investment advisor in the state of CA, LA, and in other jurisdictions where exempt. All content on this podcast is for information purposes only. All information or ideas provided should be discussed in detail with an advisor, accountant, or legal counsel prior to implementation.
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Biden’s Proposed Capital Gains Tax Increase and Business Owners Planning to Sell