Business ownership offers tax advantages including tax-deferred growth of enterprise value until the business is sold, the conversion of ordinary wage income into capital gains upon sale, and potential benefits under IRC Section 1202.

Authors

• Person: Michael Kitces Organization: Kitces.com
  The Hierarchy Of Tax-Preferenced Savings Vehicles - Kitces.com

Sources

• The Hierarchy Of Tax-Preferenced Savings Vehicles - Kitces.com www.kitces.com Michael Kitces · Kitces.com via serper

Referenced by nodes (1)

• capital gains concept