Today the U.S. capital gains rate stands at 15%. That means if you sell a business that you've owned for more than a year, you owe the government 15% in taxes -- $150,000 on a $1,000,000 sale. Obama wants to raise that to as much as 28%, though. So to net the same amount with a 28% rate as you do with a 15% rate, you'd have to ... Keep reading »

As many of you saw yesterday, Internet Brands (NASDAQ:INET) has acquired one of my sites.  (The sale actually closed in February, but they wanted to finish up all their acquisitions before announcing any of them.)  Since then, I have also worked with a friend as he went through the same process. Now that both the deals are public knowledge, I wanted to pass along some of the things I learned while selling two high-dollar sites to large companies ... Keep reading »

I'm an admitted Iron Man nerd.  I saw it three times in the theater, and I almost never go to ...

Mark at Business is Personal generates more genuinely great content consistently than any other blog I know of.  He hits a homerun just about every time up to bat.  ...

Love this post by Alan today.  Here's my favorite part: Gurus claiming they make money from the net or whatever line they’re using is like saying the guy we buy ...