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 - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
... [Read Article]
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Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
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