In 2008�2012, the tax rate on qualified dividends and long term capital gains is 0% for those in the 10% and 15% income tax brackets. For those in higher brackets capital gains are taxed at 15%.
If you sell - sell now - don't drag it out.
In 2013 the capital gains tax rate is scheduled to increase to what ever your personal tax rate is. Couple that with the increased individual tax rates scheduled to kick in on 1-1-2013 and her CPA is about to cost both of you a lot a money.
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Today's Featured Article - Oliver 550 Clutch Overhaul Tips - by Greg Sheppard. I got my 1964 Oliver Model 550 (serial 141-139-519) second-hand and used it for several years before the clutch began to slip. After taking up the pedal linkage several times I saw it was going to take more than that. The engine had been leaking oil at the rear seal and I suspected
... [Read Article]
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For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
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