by Bruce E. Bell | Jul 1, 2015 | Bruce E. Bell, Tax Corner
Question: I will be receiving a distribution from my employer’s retirement plan consisting of cash and employer stock. Am I better off paying tax on the employer stock or rolling over the entire distribution to an IRA? Answer: Employees...
by Bruce E. Bell | Jun 1, 2015 | Bruce E. Bell, Tax Corner
Question: I plan on merging my corporation with a public company and receiving cash and stock in return. Can I avoid paying income tax on the stock I receive?Answer: Depending on a number of factors, the stock you receive in the acquiring corporation...
by Bruce E. Bell | May 1, 2015 | Bruce E. Bell, Tax Corner
Question: I sit on the board of Directors of a public charity which is planning to purchase a real estate property owned by one of the board member’s companies. Should I be concerned if the board approves this transaction and will I have any...
by Bruce E. Bell | Apr 1, 2015 | Bruce E. Bell, Tax Corner
Question: I have been advised that personal goodwill can help me avoid the double tax that will result when I sell my C corporation assets. Is this true?Answer: Many businesses are operated through corporations which are treated as separate taxpayers...
by Bruce E. Bell | Mar 1, 2015 | Bruce E. Bell, Tax Corner
Question: My husband and I established marital and non-marital trusts many years ago to reduce our estate tax obligation. Because the size of our joint estate is less than the current estate tax exemption, do we need to redo our documents?Answer: You raise...
by Bruce E. Bell | Feb 1, 2015 | Bruce E. Bell, Tax Corner
Question: My company will shortly be signing a commercial lease at a local shopping mall to operate a retail business. Is the construction allowance the landlord pays to my company for leasehold improvements taxable?Answer: It is customary for...
