Taxpayer asks: If the sole owner of a home passes – is there a capital gains write off or is it lost at death? If
Read MoreTag: capital-gains
Taxes From A To Z (2019): U Is For Unadjusted Basis
It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can
Read MoreTaxes From A To Z (2019): L Is For Long-Term Capital Gains Or Losses
It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can
Read MoreTrump Administration Considers Indexing Capital Gains
Think we’re finished with tax breaks in 2018? Not so fast. Hot on the heels of tax cuts from the Tax Jobs and Cuts Act (TJCA),
Read MoreTaxes From A To Z (2014): H Is For Holding Period
Taxes From A to Z: H is For Holding Period.
How to figure your holding period, determine short or long term capital gains and check out the 2013 capital gains rates.
10 Things You Need To Know About Marriage & Taxes
Marital status matters when it comes to federal income taxes. Here’s what you need to know about getting married.
Read MoreTaxes From A To Z (2013): U Is For Unrealized Gains and Losses
U is for Unrealized Gains and Losses. We’re in the process of selling our house. It is not worth as much this year as it
Read MoreHouse Passes Senate Budget Bill: We Have A Deal!
Well, color me surprised. The House voted on the budget after all, and they voted up or down, rather than amending the Senate bill. The
Read MoreVice President Biden Shops Costco As Costco Shops Tax Deal
So what do Vice President Joe Biden and I have in common? We both have a Costco card. It’s true. If you follow the blog
Read MoreWhat Not To Do In 2012 As Tax Rates Creep Up
As December 31 creeps closer, we keep hearing stories about how the combination of increased taxes and sequestration is literally the end of the world.
Read More