Building wealth is a goal that many individuals aspire to achieve. While the journey to financial prosperity requires dedication, discipline, and smart decision-making, leveraging...
Posted by Rosovich & Associates, Inc. on 08/22/2023
Investing in securities is a common way for individuals to grow their wealth. However, not all securities are created equal, and some investments may be classified as prohibited securities....
Posted by Rosovich & Associates, Inc. on 05/16/2023
Unknown to many people, the proceeds from selling a house might be taxable. However, this article sheds light on the mode of operation and simple ways to avoid ending up with a huge...
Are you selling an asset? Avoiding Real Estate Capital Gains Tax in 2022It's great to get a good price for your home, but in some cases, the IRS may want some of the action. Indeed,...
Posted by CORE PERFORMANCE on 02/08/2022
According to the IRS, tax rates will depend on the taxpayer's source of income. Your income from the sale of stocks, for example, will generally be taxed at a lower rate than your...
Carried interest is part of the income obtained when a private equity fund sells an asset. Sometimes called "carry," it is part of the net capital gains of the sale fund....
You can consider the basic idea of capital gains very simple: the net profit will be known as a capital gain if you sell an asset for more than you paid for it. For example, you get...
Are you aware that the IRS (Internal Revenue Service) encourages long-term investments? In particular, the capital gains tax that the IRS charges Americans for capital gains is significantly...
Posted by John Pournaras Agency on 09/26/2019
Dividends are a type of investment income that is stock generated, and also from mutual funds containing stocks. They stand as a taxable share of corporate profits that are paid out...
Posted by LLOYD J CAZES CPA on 07/25/2019