The cost basis for real estate as defined by the tax law of the United States of America as the original cost of real estate, adjusted for factors such as depreciation; it is the historical...
Posted by John Pournaras Agency on 10/31/2019
Are you planning to sell something such as a share of stock, for more than you paid for it? Then you’re generally going to be taxed on the value that increased. The term “capital...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
If you’re a homeowner, you may qualify for a federal tax credit provided that you made improvements or installed appliances designed to maximize the energy efficiency of a home....
Posted by John Pournaras Agency on 06/25/2019
As a result of the changes in the tax rules, dividend income and capital gains have gained much more attractive as streams of passive income for investors who are in the bracket of...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 06/04/2019
Socking money away into a high-interest kids savings account is a good place to start if you want to give your child a brighter future, and even better, when it’s tax-free. There...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 04/03/2019
Taxpayers trading cryptocurrency may have forgotten about taxes after Bitcoin’s exciting coming-out party in 2017. However, for U.S tax purposes, almost every bitcoin or other...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/22/2019
Whether seeking to minimize the tax chunk from a stock sale or reduce an ability property tax invoice, maximum tax-related calculations and strategies start at a single point —...
Posted by ALJ Business Services,LLC on 05/18/2018
Cryptocurrencies outperformed every traditional asset, and 2017 was a lucky year for these digital currencies. The value of cryptocurrencies amplified by 900% and it gives a staggering...
Posted by J.R.'S TAX SERVICE on 05/16/2018
According to investigate it is stated that with the US citizens are going through a procedure referred to as wage the basics of cost basis and to surprise not many humans are privy...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 05/15/2018
