Tax Tips
Investment Taxes
Properly avoiding CA tax | Properly avoiding CA tax |
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My wife and I retired with a portfolio of stocks purchased 20 or more years ago. Since we live in California I understand that in addition to the IRS 15% capital gains tax we must pay a 10% state tax on any sales profit. We are considering establishing our residency in Nevada which has no state tax and then selling our stock. The big question is, if we do Read Entire Article |
| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
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