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Insights from the Fastlane

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Michael DiSabatino of Sharp CFO™ offers expert insights to help you unlock your business's full potential by delivering proven strategies for maximizing tax savings, streamlining operations, and driving sustainable growth.

Did you get bit by the gold buying bug? Careful about the wounds...

Have you acquired gold as an investment hedge the last few years?

Watch out for a tax whammy. Gold is subject to a special long-term capital gains rate, significantly higher than the usual rate!  In fact, depending on your situation, a long-term capital gain resulting from the sale of gold could trigger a tax rate almost double the rate you’re paying on your other long term gains.

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