Capital Gains Tax – Internal Revenue Code Simplified https://www.irstaxapp.com A Tax Guide That Saves You Money ! Tue, 12 Feb 2019 04:50:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.3 https://mlqgr38c3fly.i.optimole.com/w:32/h:32/q:auto/https://www.irstaxapp.com/wp-content/uploads/2017/12/cropped-irstaxapp-logo1024x1024-1.png Capital Gains Tax – Internal Revenue Code Simplified https://www.irstaxapp.com 32 32 How to Defer Tax on Capital Gains ? – Here are 3 Definite Ways ! https://www.irstaxapp.com/3-definite-ways-to-defer-capital-gains-tax/ https://www.irstaxapp.com/3-definite-ways-to-defer-capital-gains-tax/#respond Mon, 11 Feb 2019 04:35:23 +0000 https://www.irstaxapp.com/?p=1755 If you sale  a property,  you are liable for tax on the gains earned out of the sale. The question is can you defer gains so that you don’t have to pay any tax on the capital gains earned during the year ? The answer is a definite yes . There are at least three ways , […]]]> https://www.irstaxapp.com/3-definite-ways-to-defer-capital-gains-tax/feed/ 0 Accomplish 1031 Exchange in 8 Steps ! https://www.irstaxapp.com/accomplish-1031-exchange-in-8-steps/ https://www.irstaxapp.com/accomplish-1031-exchange-in-8-steps/#respond Sun, 10 Feb 2019 14:40:37 +0000 https://www.irstaxapp.com/?p=1840 What are the procedure to achieve a perfect 1031 exchange. Follow these eight steps that will conclude property exchange as per IRC 1031]]> https://www.irstaxapp.com/accomplish-1031-exchange-in-8-steps/feed/ 0 Long Term Capital Gains Rate- 2019,2018,2017 https://www.irstaxapp.com/long-term-capital-gains-rate-201920182017/ https://www.irstaxapp.com/long-term-capital-gains-rate-201920182017/#respond Sat, 02 Feb 2019 07:31:01 +0000 https://www.irstaxapp.com/?p=1798 https://www.irstaxapp.com/long-term-capital-gains-rate-201920182017/feed/ 0 Qualified Opportunity Fund (QOF) : New Way to Defer Capital Gains https://www.irstaxapp.com/defer-capital-gains-tcja-qof/ https://www.irstaxapp.com/defer-capital-gains-tcja-qof/#respond Sun, 21 Oct 2018 03:15:26 +0000 https://www.irstaxapp.com/?p=1510  Anyone having Long term capital gains or short term capital gains can now save on tax by investment in qualified opportunity fund (QOF), which was created under the new code Sections 1400Z-1 and 1400Z-2 of the Tax Cuts and Job Act . This is in addition to  Section 1031 exchange rule under which one can defer tax on […]]]> https://www.irstaxapp.com/defer-capital-gains-tcja-qof/feed/ 0 How to claim capital gains exemption house property sale? https://www.irstaxapp.com/how-to-avoid-capital-gains-exemption-tax-house-property/ https://www.irstaxapp.com/how-to-avoid-capital-gains-exemption-tax-house-property/#respond Tue, 01 May 2018 04:52:38 +0000 http://www.irstaxapp.com/?p=1023 Internal Revenue Code (IRC) has provision that will exempt capital gains on sale of house property under certain situation]]> https://www.irstaxapp.com/how-to-avoid-capital-gains-exemption-tax-house-property/feed/ 0 Capital Gains Calculator For Quick Estimation https://www.irstaxapp.com/capital-gains-tax-calculator/ https://www.irstaxapp.com/capital-gains-tax-calculator/#comments Tue, 30 Jan 2018 06:05:32 +0000 http://www.irstaxapp.com/?p=1049 capital gains calculatorCapital gains calculator will help you to estimate tax on long term capital gains or short term capital gains ]]> https://www.irstaxapp.com/capital-gains-tax-calculator/feed/ 1 1031 Exchange Rules Modified : Here is A Fresh Look on Section 1031 . https://www.irstaxapp.com/section-1031-change-that-will-affect-you/ https://www.irstaxapp.com/section-1031-change-that-will-affect-you/#respond Fri, 05 Jan 2018 05:41:41 +0000 http://www.irstaxapp.com/?p=1116 1031 exchange rule1031 exchange rule gets a heavy change vide the recently passed law-The Tax Cuts & Goods Act. So, one of the major provision of law that was used by a taxpayer to save on capital gains tax requires fresh look and understanding. Fact is that heavy lobbying by various NGOs for preventing any change to […]]]> https://www.irstaxapp.com/section-1031-change-that-will-affect-you/feed/ 0 Can IRS Mine Bitcoin Tax ? https://www.irstaxapp.com/can-irs-mine-bitcoin-tax/ https://www.irstaxapp.com/can-irs-mine-bitcoin-tax/#respond Wed, 03 Jan 2018 05:26:50 +0000 http://www.irstaxapp.com/?p=982 bitcoin taxIRS has made it clear that anyone transacting in bitcoin will have to pay tax as if he /she/it is dealing in property. The Tax Cuts & Jobs Act has further filled a loophole in the Internal Revenue Code that was a help for people evading tax on transaction in virtual currencies]]> https://www.irstaxapp.com/can-irs-mine-bitcoin-tax/feed/ 0