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What is a Capital Gain?

What is a Capital Gain?The concept of capital gains is a specification in the Internal Revenue Code that gives preferential treatment to the sales of certain specified assets. Why is this important?...

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Tax Treatment of Like Kind (§1031) Exchanges

Tax Treatment of Like Kind (§1031) ExchangesRead more»

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Automobile Accidents

Automobile AccidentsAuto accidents are unfortunate circumstances. They can happen to anyone, no matter how safe you are on the road. When an accident occurs, more than your health is at stake. You need...

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Leases

LeasesLeases should be treated just like contracts. They are enforceable and will obligate you to the terms of any signed agreement. Generally, there are two types of leases: "open end" leases and...

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