Capital Gains Tax – The Burns Firm – Advisors of Complex Financial Matters

Shift Income to Take Advantage of the 0% Long-term Capital Gains Rate

November 13th, 2025|Categories: Accountant, accountant near me, Accounting, Burns Firm, Capital Gain, Capital Gains Tax, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Long-term Capital Gains Rate, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Planning, Texas CPA, The Burns Firm|Tags: CPA, cpa near me, Long-term Capital Gains Rate, tax, tax advisor, The Burns Firn|

Are you thinking about making financial gifts to loved ones? Would you also like to reduce your capital gains tax? If so, consider giving appreciated stock instead of cash. [...]

Planning for Taxable Gains and Losses

July 9th, 2024|Categories: Accountant, Burns Firm, Capital Gain, Capital Gains Tax, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Ordinary Gain, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Taxable Gains and Losses, Texas CPA, The Burns Firm|Tags: Categories of Gains and Losses, CPA, cpa near me, Dallas CPA, Gains and Losses, How to Classify Business Real Estate, tax, tax advisor, Tax Rate Differential on Gains, Taxable Gains and Losses, Texas CPA, The Burns Firm|

What's the difference between capital gains and losses and ordinary gains and losses? The classification will have a major impact on your federal income tax obligations when you sell assets, such as investments, real [...]

Installment Sales Can Be a Win-Win for Buyers and Sellers

March 21st, 2024|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, Buying a Business, Capital Gain, Capital Gains Tax, CPA, CPA Dallas, CPA near me, Dallas CPA, Installment Sale, M&A, Merger & Acquisition, Sell Business, Selling a Business, Services, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Basis, Tax Planning, The Burns Firm|Tags: Acquisition, Buyer side, CPA Dallas, cpa near me, Installment Sale, Installment Sale Gains, M&A, M&A CPA, Selling of Business, tax advisor, The Burns Firm, The Burns Firm M&A Advisors|

For federal income tax purposes, an installment sale is when at least one payment of proceeds from an eligible sale is deferred until after the end of the tax year [...]

Selling Your Home for a Big Profit? Here Are the Tax Rules

September 5th, 2023|Categories: Accountant, Accounting, Burns Firm, Capital Gains Tax, CPA, CPA Dallas, CPA near me, Dallas CPA, NIIT, Selling A Home, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, The Burns Firm|Tags: Capital Gain Tax, CPA Dallas, cpa near me, Home sales and gain, NIIT, Selling a Home and Taxes, tax, tax advisor, Tax Basis, Tax for selling my home, Tax Rules for Selling A Home, The Burns Firm|

Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the median price of existing homes sold in [...]