Tag: capital gains

2013 Tax Rates and Brackets, Standard Deduction and Personal Exemptions Updated in Federal IRS Tax Table

[Updated with 2013 IRS inflation adjusted tax brackets and fiscal cliff changes] Congress and the Obama administration’s fiscal cliff deal (ATRA act) means that 2013 federal tax rates will remain fixed for nearly… Read more »

How You Can Get a 14% Effective Tax Rate Like Mitt Romney and Other Super-Rich Americans

GOP presidential candidate Mitt Romney and his wife paid a 14% effective income tax rate in 2010 on nearly $22 million of income. Given the marginal federal income tax rate… Read more »

2017 Capital Gains Tax – Short and Long Term Rates Plus Other Factors to Consider

When you sell a capital asset like a stock or a home you own, the difference between the amount you sell it for and what you paid for it (cost… Read more »