Capital Gains Tax
Understanding S Corp Taxes
S Corps taxes have some of the most unique tax advantages available to small businesses and their shareholders. In short, an S Corp is a…
Do Minors Have To Pay Taxes?
This should come as no surprise to anyone, but the IRS sees little difference between minors and adults when it comes to filing and paying…
Short-Term Capital Gains Tax: A Quick Guide
A Quick Guide To The Short-Term Capital Gains Tax Capital gains taxes apply in different ways to different types of profits and investments, and so…
Reporting your Child’s Capital Gains and Dividends on Your Taxes: Form 8814
Little Timmy's investments actually paid off? Congrats! Here's how to put your kiddo's income on your joint tax return. Are you the custodial parent of…
2024 Tax Brackets And Deductions: A Complete Guide
With the amount of tools and other forms of assistance available to taxpayers, you’d be surprised at how little you have to be exposed to…
Explain Form 2439: When Undistributed Long-Term Capital Gains Are Good News for Shareholders
Every 1099-DIV means you owe some new taxes. Well, this is the opposite. If you sell an asset you've held for a year or two,…
Qualified Dividends vs. Nonqualified Dividends: How Are They Taxed?
It's a battle! Qualified vs nonqualified dividends. If you're looking for the thrill of the day trader, expect a bit of a tax hangover. Qualified…
Do Capital Gains Count as Income When I’m Doing My Taxes?
Gains, income, gravy train - it's all the same, isn't it? Not to Uncle Sam. Capital gains do count as income for tax purposes. Getting…
