CAPITAL GAIN

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Gains from the sale of certain assets owned for more than one…
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CAPITAL LOSS

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This is generally a loss from the sale of investment property…
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CONSTRUCTIVE RECEIPT

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Generally, most individual taxpayers are considered cash basis…
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CONSUMER DEBT

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This term is used to describe debt incurred to purchase consumer…
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DEPENDENT

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Typically, an individual’s minor child is thought of when the…
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IMPORTANT TIMES TO SEEK ASSISTANCE

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Article Highlights When to seek professional assistance Examples…
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DEPRECIATION

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This is a tax deduction that is taken to reflect the wear and…
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DIRECT TRANSFER

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Is a method of moving retirement and IRA funds directly from…
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