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William's Tax Planning Blog August 2007 Archive

By William Perez, About.com Guide to Tax Planning since 2004

Taxes on Foreclosed Homes

Tuesday August 28, 2007
"Losing your house is bad enough. Owing Uncle Sam money in connection with your now-gone abode is the epitome of insult to injury," writes tax journalist Kay Bell over at ... Read More

Update on the Hybrid Tax Credit

Tuesday August 28, 2007
Taxpayers can get a tax credit for buying a hybrid vehicle. Officially known as the Alternative Motor Vehicle Credit, the tax break is available for people and businesses who purchase ... Read More

Understanding Capital Gains

Tuesday August 21, 2007
Stocks and mutual funds can generate profits or losses for investors. Profits can be taxed at lower tax rates than ordinary income, and losses can offset profits or generate a ... Read More

No Need to File a Second Extension

Friday August 10, 2007
It used to be that taxpayers would file an extension by April 15th, and then a second extension by August 15th. Why? Because the first extension was good to extend ... Read More
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