title>Tax Guru-Ker$tetter Letter Wizard Animation

                 

Tax Guru-Ker$tetter Letter
Thursday, June 12, 2003
 

Tax 'Fairness' Feud Rages On


New Tax Law Has a Catch: Depreciation Recapture Rate Is Unchanged - This catches a lot of people by surprise.  The 25% Federal tax on depreciation recapture is usually higher than the normal capital gain tax.  It is a crucial issue to evaluate when deciding to dispose of property as a taxable cash-out sale or to do a Section 1031 tax deferred exchange.   


Sleep? Play Golf? Pay Your Bills Late? You May Be a Patron of the Arts - Hidden taxes are literally everywhere.


Lower Capital-Gains Tax Boosts Attraction of Custodial Accounts


 


 

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