Basis of Determining Tax Rate on Transfer of Capital Assets

A capital asset is an asset that can be sold for a higher amount than the original purchase price. This includes stocks, bonds, precious metals, jewelry, and real estate. The amount of capital gain that is taxed depends on how long the owner has held the asset. In some cases, it can be a long-term …

What Does a Tax Attorney Do?

If you need help with your taxes or you’re thinking about hiring someone to represent you on your behalf, then you should consider hiring a good Loveland tax attorney. Tax attorneys understand how tax law works and in drafting strategies to minimize taxpayers’ tax liabilities. There are many different kinds of taxes and tax regulations …

Understanding the Nature of Income Taxation and its Legal Implications

Tennessee tax law is one of the most complicated areas of tax law. Because there are so many laws regarding taxation, it is essential that tax attorneys are widely available to help taxpayers with their tax problems. Tax fraud and tax evasion are some of the most serious tax crimes in the country. A tax …