• 2012 Call for Presentations 
• Sponsorship and Exhibitor Opportunities Available! 

By Mony W. Walker CPA, CGMA, CBI

Originally appeared in The Business Transition Advisor

During President Obama's State of the Union address on January 24, 2012, he asserted that taxpayers making more than $1 million should pay not less than 30 percent in federal taxes. This is a clear indicator President Obama believes that the federal capital gain rate should be increased to 30 percent for taxpayers with over $1 million of taxable income.

On February 1, 2012 U.S. Senator Sheldon Whitehouse, democrat from Rhode Island, introduced a tax billed named "Paying a Fair Share Act of 2012". This act is known informally as the "Buffett Rule" tax bill. It applies only to taxpayers with income over $1 million. The purpose of the act is to cause taxpayers making over $1 million to pay at least 30 percent in federal tax. Taxpayers would calculate their taxes according to traditional methods and also by the tax calculation required under the Paying a Fair Share Act of 2012. The result of the two calculations would be compared and the taxpayer would then pay the larger of the two calculations. This act will likely gain little traction so its chances of becoming law are extremely low. But it is an indicator that not just President Obama is interested in increasing the capital gain rate.

Brokerage Firm: California Business Brokers
California Region: Orange County
Contact: 949-257-7823 or christina.lazuric@gmail.com  

Q: Briefly describe your background (length as broker, career prior, how you got into this field).

A: I owned and operated several of my own small businesses and I also worked for a fortune-500 company. I sold one of my own businesses, a dollar store, and that's what led me to business brokering.

Q: Do you have particular business types you specialize in, or a region?

A: I have sold many different types of businesses; however, my focus is on distribution, manufacturing, restaurants and tax/CPA firms.

As the economy starts to pick back up, CABB would like to remind you all of the fantastic membership benefits that we have to offer.

• Forms so great that other states want to use them as a model
• A member listserv connecting you with more than 285 brokers throughout the state of California
• Free legal services
• Access to a health care specialist for your medical, dental, vision, life and healthcare reform needs
• Local chapters to facilitate relationships for increased co-brokering opportunities
• LinkedIn community to share ideas and stay connected statewide
• Annual Productivity Conference with remarkable networking opportunities and education

Don't miss out on a minute of these membership benefits, renew today!

Want to renew your membership online? To renew online, please go to www.cabb.org and click on "Pay my CABB Dues."

April 20-21, 2012: CABB Annual Productivity Conference: New Economy...New Opportunities

Crowne Plaza Los Angeles International Airport

The 2012 CABB Annual Productivity Conference will be held at the Crowne Plaza Los Angeles Hotel. The Crowne Plaza Hotel is conveniently located less than one mile from LAX and provides free 24-hour shuttle service from the airport. Hotel amenities include an outdoor pool, fitness center and spa. Join CABB at the Crowne Plaza Los Angeles Airport hotel - it's "the place to meet!"

CABB has arranged a special room rate of just $109 per night plus tax for CABB conference attendees. Make your reservations not later than April 1 to take advantage of this rate. Reserve your room today!

To learn more, visit the CABB website or download the preliminary conference program.

Register today!