Each investor wants their investments to increase in value. But when you sell an attractive investment, you can't keep all of your income. Instead, the IRS steps in with capital...
Posted by Larry Kenneth Hurt on 02/15/2020
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...
With the passing of the Tax Cuts and Jobs Act in congress back in December, there will now be some considerable changes to the way we file our taxes for 2018. Yet despite these significant...
Posted by Flynn Financial Group Inc on 02/06/2018
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
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
There are not many laws that encourage you to hang on to an asset longer than you already have, but long term capital gains tax treatment laws do just that. Your tax rate on capital...
Posted by Simon Hase, CPA on 01/26/2016
If you are running a business, you are very crucial to the nation’s economy particularly through the taxes you pay. But frankly, you don’t exactly enjoy paying a lot of that. Being...
Posted by THE NEAL GROUP, LLC on 01/23/2016
What are Capital gains? These are profits from the sale of any kind capital asset, for example, a parcel of land, a business, shares of corporate stock or even a piece of art. Capital...
Posted by Amro Badran on 01/22/2016
Ready or not, the tax return changed again during the 2020 tax season. In 2018, the IRS significantly reduced the Form 1040, completely revising the previous traditional version and...
