Capital Gains and Losses – 10 Helpful Facts to Know

  When a person sells a capital asset, the sale normally results in a capital gain or loss. A capital asset includes inherited property or property someone owns for personal use or as an investment. Here are 10 facts that taxpayers should know about capital gains and losses: Capital Assets. Capital assets include property such as a home or a car. It also includes investment property, like stocks and bonds. Gains and Losses. A capital gain or loss is the … Continued

Closing Letter vs. Account Transcript — Which is Better? | Bloomberg BNA

  Still frustrated about the new process for obtaining an estate tax closing letter? The IRS heard your concerns and issued Notice 2017-12, suggesting an alternative method to confirm the closing of an estate — but does the alternative method make the process any easier for executors and their advisors? Closing Letter vs. Account Transcript — Which is Better? | Bloomberg BNA

AT&T To Launch 5G In Two U.S. Cities By End Of Year 2017

Should you wait to see if the next generation of Apple and Samsung phones include 5G?? The world of 4G LTE might still be a novelty for some in the United States, but at least one carrier is forging ahead with plans to bring 5G to the party. AT&T has today announced that it will be launching its 5G network in two U.S. cities, Austin and Indianapolis, towards the end of 2017. The speeds being talked about in the same … Continued

One Word: Civility

“Civility costs nothing, and buys everything.” These words, written in the 18th century by poet Mary Wortley Montagu, provide a valuable reminder as we move forward in 2017. We have become more polarized, politically, socially, geographically and economically. We have become less understanding and less tolerant of different points of view and the people who hold them. New communication technologies have allowed us to surround ourselves with those who reinforce our beliefs and lash out anonymously at those who disagree. … Continued

Gorsuch writes reader-grabbing opinions with fact summaries that are ‘a form of wry nonfiction’

  The late Justice Antonin Scalia was known for his memorable legal writing, filling his opinions with little-used words such as “argle-bargle” and barbs aimed at those who disagree with him. The judge nominated to take his place, Neil Gorsuch of the Denver-based 10th U.S. Circuit Court of Appeals, also has a way with words, the Wall Street Journal reports. His opinions strive for accessibility, and they begin with recitations of facts that grab the reader. Legal opinions “are rarely … Continued