Selling Your Medical Practice? Why the Capital Gains Exemption Might Cost You $31,000 in “Tax-Free” Taxes

For many physicians planning retirement, the advice often sounds simple and attractive: “Sell the shares of your medical corporation and use the Lifetime Capital Gains Exemption to avoid tax.” It sounds like a dream: tax-free money from the sale of your life’s work. But in 2024 and beyond, the reality is far more complicated—and in…