Taxes 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.
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.
Taxes From A To Z: G Is For Garnished Wages.
Taxes from A to Z (2014): F is for Foreign Tax Credit.
Taxes from A to Z (2014): E is for EE bonds
Taxes from A to Z: D is for DRIP (dividend reinvestment program)
Taxes From A To Z (2014): C Is For Clothing And Costumes
Taxes From A to Z: B Is For Basis.
Taxes From A To Z (2014): A is for Affordable Care Act
Y is for Year-End Bonus. Did you get a bonus in 2012? If so, kudos. Annual bonuses are becoming a rarity these days. They are, however, still issued, either as recognition for making to the end of the year (!) or for outstanding service. No matter the reason, bonuses are considered taxable income to the…
W is for Workers’ Compensation. For federal income tax purposes, workers’ compensation awarded under a workers’ compensation act or statute due to work-related sickness or injury are fully exempt from tax. Payments to your survivors under the same circumstances are also exempt. The same cannot be said for retirement plan benefits. If you receive those…