05 May
May 05, 2008

Now that we have put the 2007 income tax year behind us, we need to start planning for 2008.  In 2008, there is likely (unless the lawmakers change the legislation) to be an
attractive tax break for individuals in the 10% or 15% tax brackets.  That break involves the tax rate for capital gains dropping from 5% to 0% for the tax years 2008, 2009 and 2010 for people in those brackets.  Thus, retired individuals or others who do not have

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