Schedule D is the IRS tax form that reports your realized gains and losses from capital assets — investments and other business interests. You detail the total purchase price of assets, what they were sold for, and whether they were held for long-term (more than...
Selling a capital asset results in a gain or loss and impacts your income taxes. This post explains what capital gains and losses are, and gives some insights into the tax implications of capital gains and losses....
It is never too early to get a jump start on tax planning. Why not start now and minimize end of the year holiday stress? These four tax strategies could help reduce 2016 taxes....
When it comes to choosing the right accounting software for your business one size definitely does not fit all. With an onslaught of “boxed” bookkeeping packages to choose from it is critical to fully understand their offerings and limitations before committing to one over another....
1031 exchanges,also called like-kind exchanges, offer tax benefits when structured properly.[/caption]
If you think this is one of those dry topics about taxes, think again. It’s important information for anyone selling a commercial real estate property who cares about being protected from capital gains taxes and growing their portfolio.
