In an economy still struggling on many fronts, installment sales offer a useful tool for many taxpayers to create liquidity to buy and sell property in an otherwise "credit-sparse" environment. With ...

I have an LLC that makes roughly $400,000 per year. If I buy land with that money and then resell it by carrying the note will I have to pay tax on the $400,000 or just the payments and intrest payed ...

An Analysis of Installment Sale and Structured Sale Language used in IRS Publications and Rulings TUCSON, AZ, USA, December 6, 2023 /EINPresswire.com/ -- Q-Financial ...

Ask the owner of a closely held business to describe their most recently recurring nightmare and you are likely to get an earful regarding the prospect of an increased federal income tax on their ...

The conclusion of the court that the installment sale rules continued to apply where a section 1042 election had been made is surprising and it remains to be seen whether the Commissioner will contest ...

A business may opt to use installment sale accounting when it sells goods but the customer pays on an installment plan that exposes the business to considerable risk of default. Instead of counting ...

Imagine Client has just received an attractive, all cash offer[i] for the sale of their business; there is no financing contingency.[ii] The buyer has proposed a cash-free and debt-free deal.[iii] The ...