Capital gains info
Investors can exhale. Congress has passed and the President has signed the Tax Increase Prevention And Reconciliation Act of 2005.
The new law extends the current long-term capital gains tax rates through the end of 2010. The maximum rate of 15% was slated to expire at the end of 2008 and revert to the previous 20% rate. They will hopefully make this permanent.
The new law extends the current long-term capital gains tax rates through the end of 2010. The maximum rate of 15% was slated to expire at the end of 2008 and revert to the previous 20% rate. They will hopefully make this permanent.
posted by Lakereeltor at 9:12 AM
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