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100How to Avoid Capital Gains Tax
What you'd always hoped for has happened. Your stocks and real estate have grown in value. You can now cash them out and have the money that you need to live more comfortably. Except that there's that pesky...
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75While Hurricane Ike Casualty loss deduction -Tax
The new laws have been enacted recently that explains the rules to deduct the losses occurring in 2008 and 2009 by the federal government in the affected areas to ease the suffering of hurricane Ike as well. ...
0 comments73Capital Gains Tax Exemptions for 2009, 2010
If you have sold any stocks, bonds, or real estate then these would be considered your capital gains. You are not required to pay capital gains on these assets from year to year, only when they are sold. The...
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73SAVING TAXES??? - ELSS IS THE BEST OPTION
You are sure to be bombarded with ads of Tax Schemes in the coming days as the 'Tax Season' draws near. ULIPs & ELSS will be the prominent ones who will be eyeing your wallet. My advise, Go for Mutual...
0 comments73Capital Gains Tax Rate for Real Estate, Home and Property 2009, 2010
The new Housing Assistance Tax Act of 2008 has made some changes to the capital gains that must be paid when you profit from the sale of your home. If you have sold your main residence, you can now exclude up...
1 comment712009, 2010 IRS Federal Capital Gains Tax Law Information
A capital asset is considered anything that you use for investment, pleasure, or as personal use. If you decide to sell any of your capital assets, then the difference between what you paid and the amount you...
0 comments71Capital Loss Carry Forward for 2009, 2010
Many of us have experienced capital losses and you may be wondering if there are limits to deducting losses. The answer is yes there are limits but, the good news is that you can also deduct some of the...
0 comments69Annual Gift Tax Exemption for 2009, 2010
The gift tax is when someone gives property to someone else and receives nothing or less than full value in return. Whether the giver intends the transfer to be a gift or not, it doesn’t matter, the tax...
0 comments69Capital Gains Tax Calculator for 2009, 2010
Capital Gains A capital asset is a profit you make from the sale of stocks, bonds, mutual funds, property, your home, or other possessions. If you purchase a personal possession for whatever base price,...
0 comments67How much is the Capital Gains Tax Rate in 2009, 2010
Capital gains come from owning capital assets. You start out with the base price of what you paid for the home, furniture, stocks, bonds, or almost everything you own and use for personal or investment...
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