Tax

Tag: Asset Sales

  • Miscellaneous

    Miscellaneous Below are articles related to miscellaneous subjects. Alternative Filing Methods Age-Name-SSN Rejects, Errors, Correction Procedures (IRS FAQ) Amended Returns (IRS FAQ) Due Dates & Extension Dates for e-file (IRS FAQ) Electronic Filing Electronic Signatures Filing Business Returns Electronically Forms W-2 & Other Attachments (IRS FAQ) How to Choose a Paid Tax Preparer Substitute Tax…

  • Unrecaptured Section 1250 Gain

    Unrecaptured Section 1250 Gain When a depreciable asset is sold, the depreciation that has been allowed or allowable may be subject to recapture. When depreciation is recaptured, some or all of the taxable gain from the sale is taxed at ordinary income tax rates instead of the more favorable capital gain rates. For depreciable real…