New Cost Basis Applications to Help

New Cost Basis Applications to Help Top Taxpayers Maximize Value of Capital Losses in 2013

Determining cost basis and capital gains and loss options will be even more important in 2013 for investors in the top tax bracket. That’s because the compromise to avoid the “fiscal cliff” increases their tax rate to 20 percent on capital gains. As a result, tax losses for investors in the top tax bracket will be 33 percent more valuable in 2013. Read more…

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