Authored by Christopher Helmrath, Managing Director of SC&H Capital
Published by The Daily Record on May 6, 2021
Christopher Helmrath stresses the importance of being informed about President Biden’s proposed increase to the capital gains tax, a change that will affect the majority of mid-size business owners and investors. Those whose businesses are worth more than $1M will have until June 30th to make a decision to hold or fold, provided it can take six months to mobilize a team of lawyers, accountants, and investment banking experts to get a deal done, before the increase would go into effect on January 1, 2022.
Read more to learn what your next move should be.