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014 - The Basics of Capital Gains

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Manage episode 366808538 series 3311548
Content provided by CPAdvisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CPAdvisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

We get a lot of questions about capital gains. Are they good? Bad? Does it just depend? In this episode, our resident tax experts — Shareholder and Tax Vice President Kayce Gerlach and Senior Associate Garth Sandberg — give you just enough details without bogging you down with too much information. So, you’ll learn about what capital gains are, what they mean for stocks, how they affect the sale of your home or rental property, what a “wash sale” is (spoiler: not money laundering), and a whole lot more. Listen in to get them gainz!

We talked about step-up in basis back in our end-of-life planning podcast

Short-term vs. long-term gains, according to the IRS

What the IRS has to say about capital gains when you sell your home

What about dividends?

How do realized vs. unrealized gains work?

Ooo! Remember NIIT? No? Well, here’s some details, straight from the IRS

  continue reading

37 episodes

Artwork
iconShare
 
Manage episode 366808538 series 3311548
Content provided by CPAdvisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CPAdvisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

We get a lot of questions about capital gains. Are they good? Bad? Does it just depend? In this episode, our resident tax experts — Shareholder and Tax Vice President Kayce Gerlach and Senior Associate Garth Sandberg — give you just enough details without bogging you down with too much information. So, you’ll learn about what capital gains are, what they mean for stocks, how they affect the sale of your home or rental property, what a “wash sale” is (spoiler: not money laundering), and a whole lot more. Listen in to get them gainz!

We talked about step-up in basis back in our end-of-life planning podcast

Short-term vs. long-term gains, according to the IRS

What the IRS has to say about capital gains when you sell your home

What about dividends?

How do realized vs. unrealized gains work?

Ooo! Remember NIIT? No? Well, here’s some details, straight from the IRS

  continue reading

37 episodes

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