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To accomplish a section 1031 exchange, there must be an exchange of properties. The property that you sell and the new property you acquire must meet certain requirements.
Have you heard about ‘‘qualified small business stock,’’ or QSBS for short, and is found in Section 1202 of the Internal Revenue Code? It allows taxpayers to exclude gain from certain stock.
Will taxing the rich create a more equitable tax system or stifle growth and force California millionaires to move?
A portion of our practice has been devoted to helping individuals and businesses outside the state to get in compliance and defend themselves from California tax agencies.
Brotman Law, a San Diego tax law firm, has been named a 2018 Law Firm 500 Honoree awarded to the Fastest Growing Law Firms in the U.S.