Bradford Tax Institute

Blog

  • Home
    • About the Publisher
    • About the Site
  • Resources
    • Free Newsletter
    • New Articles
    • Webinars
    • Tax Courses
  • Contact
  • Search

How “stock redemption” can give you a big tax break

September 1, 2012

Are you the sole owner of a C corporation or S corporation?

Are you thinking about retiring?

Then before you make any moves, you should read my new article. You see, it explains one of the right ways to transfer ownership to your kids, business associates, employees, or other shareholders.

How you handle the transfer can have major tax implications which I explain in my new article titled Tax Tips: Tax Breaks on Shift of Corporate Ownership to Kids (and Others).

Three ways our fact-filled article can help you:

  1. We’ll tell you about an important, recent IRS private-letter ruling. The ruling concerned a father who owned 100% of his company’s stock and wanted to get paid, make a gift to his two sons, and transfer 100% ownership to the sons. He did it all with IRS approval! You’ll learn how when you read the full article.
  2. We’ll explain how to handle transactions the right way. The IRS, as you might have guessed, has strict rules you need to follow when you redeem stock. We’ll spell them out for you when you read the full article.
  3. We’ll walk you through the tax consequences of stock redemption. On the sale of the stock to your corporation, you need to file the elections required by the IRS to meet the “complete termination tests” if you want capital gains treatment. We’ll make everything clear when you read the full article.

Filed Under: Capital Gains, Children as employees, Corporations, Featured Articles, Relatives, Tax Planning

Test It Out

If you are not yet a subscriber, CLICK HERE. You’ll get a no-obligation 7-day FREE trial during which you can read, not only the article above, but all of our helpful tax-saving tips. This trial is absolutely free, you don't need a credit card, and there are no strings attached. That’s a personal promise.

Free Ezine

Email:

Are you a tax professional (CPA, EA, tax lawyer, tax preparer)?
   

For Tax Professionals

Learn how the Bradford Tax Institute can help you as a tax professional help your one-owner clients pocket more after-tax money and become raving fans.

Learn More »

For One-Owner Businesses

If you or you and your spouse own the business and you are looking for tax benefits, learn how we can help you keep more of hard-earned money and give less to the IRS.

Learn More »

Articles by Category

Bradford Tax Institute Blog

Operations

1050 Northgate Drive, Suite 351
San Rafael, CA 94903
E-Mail: contactus@bradfordtaxinstitute.com
Telephone: (415) 446-4340
Fax: (415) 446-0127

Editorial

1701 Pennsylvania Avenue, N.W., Suite 300
Washington, DC 20006
E-Mail: contactus@bradfordtaxinstitute.com
Telephone (202) 652-2293
Fax (202) 580-6559

Copyright © 2015 BradfordTaxInstitute.com