TRADE-INS, SWAPS, AND LIKE-KIND EXCHANGES

摘要

One area overlooked by law-makers and the President amongst the talk about changes, repeal, or reform is also overlooked by many pressure cleaning business owners and managers - deferring taxes with swaps, exchanges, and trade-ins. So-called "like-kind" exchanges involve swapping or trading one asset for another without receiving strictly cash on the transaction - or a large, immediate tax bill.