When must I realize gain?  For the most part, it is easy to recognize when gain or loss has been realized, but at other times it may be hard to ascertain.  The article below has been prepared by a tax attorney to discuss gain or loss on certain property transaction and certain realization events.  Please...Read More

Schedule D is filed with your 1040 Individual Income Tax Returns to report gains and losses on the sale of capital assets, as well as determine if the gain is a long term capital gain or loss, or a short term capital gain or loss.  A tax attorney at The McGuire Law Firm can assist...Read More

What are capital gains?  What are capital losses?  These are common questions people may ask their tax attorney.  The article below has been drafted by a Denver tax attorney at The McGuire Law Firm to state some facts regarding capital gains and capital losses. The sale of a capital assets results in a capital gain...Read More