When you sell a capital asset the sale results in a capital gain or loss. A capital asset includes most property you own for personal use or own as an investment. Here are 10 facts that you should know about capital gains and losses: Capital Assets. Capital assets include property such as your home or…
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Tax Accounting 101
Each month Keen's tax service is going have a article on Tax Accounting 101. Click on the link for the topic you would like to learn more about. Now for the 12 Tax Topics: What are Capital Gains? Earned Income Credit why do I not qualify? Is Obama Care here to stay? Hobby Income versus For…
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Tax Changes
2015 Tax Chnages We want to take this opportunity to thank you, for your business and confidence in our staff. We want to wish you a prosperous new year. NOW FOR SOME TAX CHANGES THIS YEAR: AFFORDABLE HEALTH CARE ACT: Will require all taxpayers to provide proof of health insurance and if any subsidy credit was received…
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Getting Married Can Affect Your Premium
Getting Married Can Affect Your Premium Tax Credit IRS Health Care Tax Tip 2015-47, August 6, 2015 If you’re a newlywed, be sure to add a health insurance review to your to-do list. This is particularly important if you enrolled in coverage through a Health Insurance Marketplace and receive premium assistance in the form of advance payments of…
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