by Bruce E. Bell | Jul 5, 2022 | Insights, Bruce E. Bell, Tax Corner
Question: Â Â Â Â Â Â My daughter is well behind on her home mortgage payments and her house will likely be lost by foreclosure or otherwise. Will she have to pay tax on the unpaid mortgage balance? Answer:Â Â Â Â Â Â Â Â Â There are various tax issues that need to be considered...
by Bruce E. Bell | Jun 1, 2022 | Insights, Bruce E. Bell, Tax Corner
Question: Â Â Â Â Â Â I own and operate a small business and am trying to determine how best to establish an insured disability insurance program for the company employees. If an employee becomes disabled and receives benefits from the insurance company, will the employee...
by Bruce E. Bell | May 3, 2022 | Insights, Bruce E. Bell, Sales Rep Articles
Like other businesses, sales representative organizations are purchased and sold for a variety of reasons. What distinguishes sales representative organizations in the purchase and sale context is that the owners generally do not sell their businesses to unrelated...
by Bruce E. Bell | May 2, 2022 | Insights, Bruce E. Bell, Tax Corner
Question: I am the beneficiary of my uncle’s IRA who died at age 65. What is the best way for me to withdraw money from the account? Answer: As you might suspect, the strategies...
by Bruce E. Bell | Apr 1, 2022 | Insights, Bruce E. Bell, Tax Corner
Question: My wife and I hold contracts to provide property management services to real estate owners. Are we entitled to capital gain treatment if we sell these contracts or do we need to form a limited liability company to...
by Bruce E. Bell | Mar 2, 2022 | Bruce E. Bell, Insights
Question: Should I file a Federal estate tax return for my wife’s estate even though the value of her assets is less than the estate tax exemption? Answer: A Federal estate tax...
