Are you planning to sell something such as a share of stock, for more than you paid for it? Then you’re generally going to be taxed on the value that increased. The term “capital...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
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
A capital gain can be referred to as the profit that accrues using the closeout of any capital resource where the business cost surpasses the cost of the investment, alluded to as...
Posted by Fletcher Accounting and Tax Service Inc. on 08/26/2019
As a result of the changes in the tax rules, dividend income and capital gains have gained much more attractive as streams of passive income for investors who are in the bracket of...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 06/04/2019
How do you tax your capital gains? Capital gains resulting from the purchase of fixed assets, such as shares, a business, work of art or a piece of land. Capital gains are usually...
The topic about capital gains and losses can be very confusing to so many. It could leave you feeling unsure on whether you’re on in the right track. Even tax professionals find...
Posted by ABLE Tax Resolution on 01/22/2019
It is usually a debate that how to offset capital gains. So first let us understand what capital gains tax is so that you can further know how to offset it as well. Other than the...
Posted by Valderas Financial Solutions LLC on 01/09/2019
Before understanding long term capital gains tax, let us first see what is capital gain? The concept can be explained better with an example, so, for instance, if you decide to sell...
Posted by Fletcher Accounting and Tax Service Inc. on 11/06/2018
Capital gains are beneficial for the ones who have their own business and have to make the payments for taxes as well. Every year, there is anxiety about paying the taxes which mostly...
