Capital Gains Tax

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  • August 15, 2010

    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 the lower two tax brackets...

  • August 15, 2010

    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 the capital gains tax on any profits they may have reaped.   The Federal top tier bracket leap from...

  • August 15, 2010

    When determining capital gains tax rates, there are several details that need to be considered. If you are unsure of how to make this determination on your own, you may want to speak with a tax professional. Not paying the proper...

  • August 15, 2010

    When an asset is sold, its cost basis is used instead of the actual purchase price to determine the accurate capital gain or loss for capital gains tax purposes.  This is very important to remember because it can result in a tremendous difference...

  • August 15, 2010

    Do you know anything about capital gains and losses? If not, you should learn about them as soon as possible because they can have an impact on your tax return as well as your overall financial situation.

    A capital asset is basically...

  • August 15, 2010

    The more you know about capital gains tax the better off you will be. Unfortunately, there is a lot of misinformation circulating that can confuse taxpayers. It is...

  • August 15, 2010

    If you are interested in selling an investment or real estate asset that has ...

  • August 15, 2010

    Capital gains are profits or the difference between the original cost basis of an asset (such as stocks, bonds, mutual funds, art or real property) and the price at which it was sold.  The amount represented by the increase in value of an asset...

  • August 15, 2010

    A capital asset is basically anything that you own/use for personal or investment purposes. This can include stocks, bonds, home furnishings, and the home itself...