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Reporting Capital Gains Tax on Form 1040 Schedule D

If you are required to report a capital gains tax on the sale of your principal residence, it is reported on Tax Form 1040, Schedule…

The 0% Capital Gains Tax

The Jobs and Growth Tax Relief Reconciliation Act (JGTRRA) of 2003 lowered the maximum capital gains tax rate from 10% to 5% for people in…

Capital Gains Taxes: Know the Basics When You Sell a House, a Stock Portfolio, or a Beanie Baby

Yes, that Beanie Baby can lead to a bear of a tax bill. Minnie Arlowe felt so proud, prouder than she’d ever felt, when she…

The Best States for Taxes

The state in which you live makes a big difference when it comes to how much you will pay in state taxes. Although every state…

State Property Taxes

If you're getting ready to buy a home, you must plan beyond the monthly mortgage payments ? there are also property taxes to consider. Property…

State Sales and Use Taxes

Sales tax generally applies to the retail sale, use, rental, lease, or consumption of tangible personal property and some services. Sales tax is paid by…

State Corporate and Business Taxes

By definition, a corporation (chartered by the state where it is operated) is considered a unique entity by law, separate from those who own it.…

Why Does Everyone Hate Property Taxes?

There are not too many people who enjoy paying property taxes. In fact, you will probably be hard pressed to find one person who likes…