Investment

The Latest

  • August 15, 2010

    If you sold or are thinking of selling your home in the near future and you owned and lived in it for a minimum of two years total, you can exclude up to $250,000 in capital...

  • 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...