Tax Hikes Slated for 2013, Maybe

Posted on March 8, 2012August 5, 2015 by Cosmo Services

As it currently stands, Americans will be facing one of the biggest tax hikes in history next year. However, there is still a big shroud of uncertainty so tax planning for 2013 is next to impossible. Here are two of the main sources of tax increases that affect a lot of people. Expiration of Bush[…]

Changes to 2011 Schedule D

Posted on March 1, 2012August 5, 2015 by Cosmo Services

In previous tax years, if you had sold stocks, bonds, mutual funds, and other capital assets, the realized capital gains and losses for those transactions would be reported in Schedule D and D-1. Starting with the 2011 tax year, there are significant changes to the reporting requirements. Many transactions that, in previous years, would have[…]