August 10, 2018
Elias Koumniotes
Blog Posts
0 CommentsTax Reform Hurts Homeowners, House Democratic Report Says Homeowners will be hurt financially by last year’s tax reform, according to a new House Democratic staff report. The report alleges that real estate developers will primarily benefit from the new tax law at the expense of homeowners. The Democratic staff report was released by House Oversight […]
Read moreMarch 11, 2018Elias KoumniotesBlog Posts0 CommentsTreasury Moves To Repeal 298 Unnecessary, Obsolete Regulations The Treasury Department has proposed repealing 298 regulations. According to the Treasury, the targeted rules are unnecessary, duplicative or obsolete. In addition, the Treasury proposed to amend another 79 regulations to reflect the repeal. Take away. “We continue our work to ensure that our tax regulatory system […]
Read moreDecember 07, 2017Elias KoumniotesBlog Posts0 CommentsYear-end planning for capital gains and losses As an economic incentive for individuals to save and invest, gains from the sale of capital assets held for at least one year unless offset by losses, as well qualified dividends received during the year, may be taxed at rates lower than ordinary income tax rates. The tax […]
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