Capital Gains
Posted on April 7, 2017
Taxes That Apply to Inheritances in NC
While North Carolina’s estate tax was repealed in 2013, other taxes may apply to an inheritance. Tax implications depend on the type…
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Category: Tax
Posted on December 7, 2010
AICPA asks IRS for Guidance on Carryover Basis Rules
From today’s press release from the American Institute of Certified Public Accountants: The American Institute of Certified Public Accountants has asked the…
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Category: Income Tax
Posted on May 25, 2010
Taxes on Investment Income will nearly Triple for Some
Currently the maximum federal tax rate for qualified dividends and long-term capital gains is 15%. This is great for people like Warren…
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Category: Income Tax
