Capital Gains Tax
Taxable vs. Non-Taxable Income
What Types of Income Are Subject to Tax? Are you trying to determine whether or not all of your income is taxable? While the IRS…
Are You Subject to the Alternative Minimum Tax (AMT)?
Learn About AMT Rules & Guidelines The Alternative Minimum Tax (AMT) is basically an income tax system that runs parallel to the regular income…
Tax tips for the end of the year
While you may be focused on hunting holiday presents, this is the time of year when you need to be thinking about the April 15…
5 Myths About Capital Gains Tax
If you believe any of the myths surrounding capital gains tax and how it affects you, there is a good chance that you will include…
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…
State and Local Taxes on Capital Gains
The expiration of the Bush capital gains tax cuts in 2010 has a lot of investors preparing to unload real estate investment property to minimize…
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…
