Although it’s the season of giving, no one wants to share with the IRS. Luckily, the law provides you many opportunities to give gifts to family, friends, and charities tax-free. Some are straightforward, while others may require the help of a professional. Continue reading
Tag: tax-free
Capital Gains Taxation May Not be as Inevitable As Most Think
August 31, 2017
Most taxpayers are familiar with tax deferral options that the US Tax Code provides such as (i) like-kind exchanges in which capital gains are deferred when appreciated real estate is exchanged for similar real estate, or (ii) selling real estate on an installment sale basis so that capital gains are deferred over the life of the installment note. Continue reading