Squib Note: Clarifying the 2013 Capital Gains Rates

It has been universally reported that under the newly passed American Taxpayer Relief Act of 2012, net capital gain tax rates have risen to 20% for taxpayers with taxable income greater than $400,000 for single filers and $450,000 for joint filers.  To clarify this broad statement, under section 102 of the new law, the higher … More Squib Note: Clarifying the 2013 Capital Gains Rates