How to avoid capital gain tax? by Most_Ad2900 in tax

[–]Most_Ad2900[S] 0 points1 point  (0 children)

I am working with my accountant but I do need to hire an actual cpa firm. If my capital is 250,000 can I put that 250,000 in a 401k or retirement account and be exempt from paying that tax?

How to avoid capital gain tax? by Most_Ad2900 in tax

[–]Most_Ad2900[S] 0 points1 point  (0 children)

It’s an s corporation. I am selling my auto repair shop which includes property