Legal Advice for Capital Gains Tax — 26 results
Written by attorney E. Davidoff, 12 months ago.
As the summer unofficially ends with the passing of Labor Day, we advise you, our clients and friends, to start thinking about year-end income tax planning. By December 1, most of you... more
Written by attorney Michael Kushner, over 1 year ago.
The IRS has proposed regulations relating to restricted property (property transferred from an employer to an employee as compensation for the performance of services). The proposed rules... more
Written by attorney Joseph Barnes, over 1 year ago.
Corporations provide significant tax benefits and incorporating a business can also help reduce personal liability. Your corporation can pay for business related expenses and deducted 100%... more
Written by attorney Roger Royse, over 1 year ago.
In a little noted but hugely significant provision of the American Taxpayer Relief Act of 2012 (ATRA), Congress has extended the 100% exclusion from tax for gains from the sale of Qualified... more
Written by attorney Ronald Webster, over 3 years ago.
FIRPTA ia an acronym for the Foreign Investment Real Property Tax Act. It's purpose is to assure that capital gain, if any, is paid before funds can be removed outside the taxing... more
Written by attorney Henry Lively, about 4 years ago.
First, you need to be aware that the maximum capital gains rate is scheduled to go up from the current rate of 15 percent to 20 percent on January 1, 2010. This does not include what you... more
Written by attorney Kevin F Murphy, over 3 years ago.
Under current law, there is a 100% exclusion from tax on gains from qualified small business stock bought before January 1, 2011.
To qualify for the 100% exclusion, the stock purchased... more
Written by attorney Steven J. Fromm, over 3 years ago.
All Assets Are Capital Assets Almost everything you own and use for personal purposes, pleasure or investment is a capital asset. What Is A Capital Gain or Loss When you sell a capital... more
Written by attorney Henry Lively, over 3 years ago.
When you sell a rental property you will need to compute your capital gain or loss on the sale of the property to determine how much tax you will have to pay on the transaction.
The first... more
Written by attorney Henry Lively, almost 4 years ago.
A big concern for investors this year is where are capital gains rates headed. It looks like these rates are headed up. Everyone knows that the economy is in the dumps and that we are... more