Tag: IRS

VERY Important New Tax Information For Traders And Investors. Rule Changes On Figuring Taxes.

[ 1 ] February 21, 2011 |

RULES CHANGE ON HOW YOU FIGURE TAXES ON STOCKS By Matt Krantz, USA TODAY The IRS suspects investors are shortchanging it more than $11 billion a year. Now it has a plan to get some of that back. New rules kicked in this year that require brokerages, for the first time, to start tracking how […]

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New USA Tax Laws For 2011 And 2010 Year End Planning. How They Affect You In Simple Terms. Very Good Reading.

[ 2 ] December 25, 2010 |

How the new tax law may affect you. FIDELITY VIEWPOINTS — 12/17/10 What it means for your take-home pay, investments, and more. After weeks of heated Congressional negotiations on Capitol Hill, President Obama has signed the tax bill into law. The new law temporarily extends the 2001 and 2003 federal income tax rate cuts, extends […]

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Important Details On New Estate, Gift, and GST Rules End Of 2010 And Forward

[ 2 ] December 22, 2010 |

New Estate, Gift, and GST Rules Could Be a Tough Act To Follow Note: The Alert has been updated to include additional year-end planning considerations, as well as GST planning considerations. On Friday, December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the Act). With varying […]

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New I.R.S. Tax Rules Critical For Investors And Especially Traders For 2011.

[ 0 ] December 21, 2010 |

Brokerages Will Have to Tell IRS What Investors Paid for Stocks. Dec. 21 (Bloomberg) — Investors who forget what they paid for shares of stock will get help starting next year, courtesy of the Internal Revenue Service. That’s when the U.S. tax-collection agency will require brokerages to track the cost basis on equities bought after […]

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