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Half a Million Dollars Is Where the Capital Gains Tax Primary Residence Exclusion Stops
What the section 121 exclusion covers, the ownership and use tests behind it, and what actually applies to the part of the gain it does not reach.
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Tax Strategist vs Tax Preparer, Which One Are You Actually Paying?
What separates a tax strategist from a tax preparer, where a CPA fits, and the one question that tells you which of them you currently have.
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Seniors Keep Asking About a One Time Capital Gains Exemption That No Longer Exists
There is no age based capital gains exemption in current law. Here is what actually applies when you sell a home after 65, and what to do about the gain.
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Start Tax Planning for Business Owners Before the Letter of Intent
Why the structure of a business sale decides the tax bill more than the price does, and the point in the process where planning still changes the outcome.
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How High Income Earners can Reduce Income Taxes By Up To 50%
Discover the multiple ways you can reduce your income taxes!
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