Here’s some good news from Uncle Sam…
If you want to create a partnership for a new or existing business, you can probably do so tax free!
- Want to learn how you or your business can qualify for tax-free partnership formation?
- Want to avoid situations that might force you to pay taxes during partnership formation?
Easy. Read my new article titled Tax Tips: Create a Business Partnership Tax-Free!
Three ways our fact-filled article can help you:
- We’ll tell you exactly how to qualify. In order to qualify for a tax-free exchange under Section 721 of the tax code, you must exchange property for a partnership interest. But this is not hard to do. You see, Section 721 is extremely flexible as you’ll learn when you read the full article.
- We’ll explain seven rules that govern the transfer of property. If you’re thinking of forming a partnership, and want to do so in a Section 721 tax-free exchange, now is the time to review these important rules. We’ll give you all the details when you read the full article.
- You’ll learn how to avoid serious problems. It’s easy to take advantage of Section 721 when you want to form a partnership tax-free. But there are four tax-generating problems you can face if you’re not careful. We’ll tell you what they are and how to avoid them when you read the full article.