• About Us
  • News
  • Join H&S
    • Careers
    • Merge With H&S
  • Contact Us
  • 1-800-924-6891
H&S Companies
  • Home
  • About Us
  • News
  • Our Services
      •   Accounting
      •   Fraud & Forensics Investigation
      •   Payroll Services
      •   Assurance & Attestation
      •   Hospitality Specialists
      •   Pension Administration
      •   Business Consulting
      • I.T. Strategy & Consulting
      •   Strategic Planning
      • Business Valuations
      •   Lean Process Improvement
      • Research and Development Tax Credit
      •   Controller Services
      • Taxes
      •   Manufacturing Specialists
      •   Wealth Management
  • Client Tools
    • Client Login
    • Forms & Resources
    • File Upload
    • Upload Tax Documents
  • Locations
      • Big Rapids
      • Cadillac
      • Fremont
      • Grand Rapids – Cascade
      • Grand Rapids – West
      • Greenville
      • Hart
      • Lansing
      • Mount Pleasant
      • Muskegon
      • Reed City
      • Rockford
  • Forms & Resources
  • Client Login
  • File Upload
  • Pay Your Bill
  • Careers
  • Contact Us
  • 1-800-924-6891
  • Menu Menu

Is Now the Time to Sell High-Value Items? | Tax Planning Strategies

August 8, 2012/in Articles /by revel


Tweet

Capital Gains Tax is Set to Sunset

The capital gains tax is set to sunset at the end of the year.


According to an article on the AOL Real Estate blog, some luxury homeowners are looking to sell their high-end properties before the end of 2012. They’re scrambling to get their properties to market because the Bush-era capital gains tax cuts are scheduled to sunset at the end of the year, which could lead to a significant increase in the tax if Congress doesn’t act.
This article reminds us that now is a good time in the year to review your financial portfolio and think about tax planning strategies for the future. It might be a good idea to sell stocks or other high-value items at the current 15% capital gains tax rate, rather than waiting and being subject to a potential costly increase.
To learn more about homeowners selling their properties read, An End to Bush-Era Tax Cuts Could Push High-End Properties Onto Market

For more information contact Sally Steffes

Sally Steffes
Certified Public Accountant
616.735.3035
sallys@hscompanies.com

Tags: bush-era tax cuts, Capital Gains Tax, sunset, Tax Planning
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
  • Share by Mail
https://www.hscompanies.com/wp-content/uploads/2017/11/HS-logo-edit.png 0 0 revel https://www.hscompanies.com/wp-content/uploads/2017/11/HS-logo-edit.png revel2012-08-08 15:49:222012-08-08 15:49:22Is Now the Time to Sell High-Value Items? | Tax Planning Strategies

Recent Posts

  • Small businesses have until May 31 to apply for a forgivable loan
  • IRS to recalculate taxes on unemployment benefits…
  • Tax Day for Individuals Extended to May 17
  • SBA defers repayment of disaster loans…
  • Targeted EIDL Advance Update

Categories

  • Affordable Care Act Tips + Updates
  • Articles
  • Committed to Our Communities
  • Fraud and Forensic Investigation
  • Locations & Services
  • Media
  • Newsletters
  • Press Releases
  • QuickBooks Tips
  • Tax Checklist
  • Tax Tips
  • Uncategorized
CPA's & Business Advisors
Need Help?
Pay your Bill

About Us | Our Services | Forms & Resources | 1-800-924-6891

Remote Desktop Server – Internet Explorer | Remote Desktop Server – Non Internet Explorer | Company Store | Uniprint Client

Copyright © 2021 H&S Companies. Site by CurlyHost.

Thanks for Winning the Gold…Now Pay Your Taxes You Could Be Getting a Health Care Rebate
Scroll to top