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Did you know? Capital Gains Tax Rate

Did you know? Capital Gains Tax Rate

Did you know that capital gains tax rates could be as low as zero percent?

That's right: there are no taxes at all on capital gains for individuals whose regular income tax bracket is less than 25%! If you are sitting on a gain because you don't want to pay the tax, there might not be any tax, especially with careful planning.

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Lee Reams, BSME, EA

Lee Reams, BSME, EA

Editor-in-Chief

Besides his role at CountingWorks as an educator and speaker to thousands of accountants nationwide, Lee manages a technical research service for a large group of tax accountants which sharpens his technical skills. Lee served on the Board of Blackline Systems, is a former Board of Director for the California Tax Education Council, is a Past President of the San Fernando Valley Chapter of Enrolled Agents, Member and Past Director for the California Society of Enrolled Agents.

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