Capital Gains Taxes About Us Contact Us
RSS

Archive for the ‘long term rates’ Category


What is EIC – Earned Income Credit?

By admin on Wednesday, January 30th, 2008 | No Comments

The Earned Income Credit (EIC), which is also known as the Earned Income Tax Credit (EITC), is a significant ‘anti-poverty and work incentive program’. The federal government takes the responsibility to control it.
The EIC is basically aimed for individuals, and particularly to families who earn a meager amount. An worker, in order to get [...]

Read More...

How Do I calculate capital gains taxes for the previous year?

By admin on Friday, January 18th, 2008 | No Comments

Capital gains are those that arise out of the sales or transfer of capital assets. You can obtain capital gains by selling any type of property, which includes stock in trade, consumables, raw materials, personal effects, agricultural lands, gold bonds and special bearer bonds. There are certain properties that cannot be transferred for property gains. [...]

Read More...

How do I avoid capital gains taxes when selling stocks, like investing the money in real estate?

By admin on Sunday, January 13th, 2008 | No Comments

Becoming a home owner teaches you to quickly learn the meaning of words like capital gains tax. It’s important to always know how this dollar amount can hurt you and you can manage around it.
Let’s say you purchased stock ten years ago. Those stocks have grown in value over the years and now [...]

Read More...

Short Term And Long Term Capital Gains Tax Rates

By admin on Monday, October 8th, 2007 | 1 Comment

The key to understanding short term capital gains versus long tern capital gains is to first comprehend what is defined as the long versus the short term and hence both are taxed differently depending on what type your investment is considered to be. By legal definition the short term refers to any assets that have [...]

Read More...