If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of the “wash sale” rule. How the rule works Under this rule, if you sell stock or securities for a loss and buy substantially identical stock or securities back within the[ … ]
Tag: investment
Benefits of Investing in Opportunity Zones, TCJA
The Opportunities Zones program enacted with the Tax Cuts and Job Act of 2017 offers three tax incentives for investing in certain low-income communities through a qualified Opportunity Fund: temporary deferral, step-up in basis, and permanent exclusion of capital gains. Under this provision, gain from the sale of any type of property that produces capital[ … ]
Mutual funds: Handle with care at year end
As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable accounts and take steps to avoid potential tax traps. Here are some tips. Avoid surprise capital gains Unlike with stocks, you can’t avoid capital gains on mutual funds simply by holding on to the shares.[ … ]
What Does Angel Investor Tax Credit Program Mean For Arizona’s Tech Community?
Entrepreneurs create companies that can create jobs or even change the world. But to do any of that, first, they need capital — money to get them started. That often happens when so-called angel investors decide to take a chance on a budding company. And, now, in Arizona, those angel investors have a little more[ … ]
