← FarmCPA Home

Tag Archive: "capital gains"

Bonus Payments Are Ordinary Income – Not Capital Gains

By: | Trackback URL | No Comments

December 2nd, 2013

The Tax Court issued the Dudek case today concerning whether upfront bonus payments received from an agreement to allow an oil and gas company to lease property is considered ordinary income or capital gains.  In the case, Mr. Dudek, a CPA (why are some CPAs more likely to go to tax court when they know […]

More

Up to Ten Capital Gains Tax Rates for 2013!

By: | Trackback URL | 2 Comments

January 6th, 2013

After reviewing the various phase-outs of itemized deductions and personal exemptions based upon gross income plus the implementation of the new 3.8% investment surtax, for 2013 there now at least 10 different possbile maximum long-term capital gains and qualifying dividends tax rates.  The rates range from zero for that portion in the 10-15% tax bracket […]

More

Help! What Is My Capital Gains Tax Rate?!

By: | Trackback URL | 3 Comments

January 2nd, 2013

We are continuing to digest the new tax bill (assuming President Obama signs it today).  One of the unique features in this tax bill is, that for many taxpayers, they will not accurately know their capital gains (or qualified dividends) tax rate until they prepare their tax return. In brief, we know the following for […]

More

20%/33%/45%/59% – How Much Will Your Capital Gains Rate Go Up By?!

By: | Trackback URL | 3 Comments

November 12th, 2012

Assuming that the Bush Tax Cuts are not extended, we know that capital gains tax rates will increase in 2013.  The key question, is by how much.  Here is a brief recap of the increases: 20% – If you acquire property after December 31, 2000 and hold it for at least five years, your maximum […]

More

Subscribe to this blog by:

Previous Posts

Events

View upcoming speaking engagements and other networking events for Paul Neiffer and CliftonLarsonAllen’s agribusiness team.

See All

  • Twitter Feed

    Will final ear weights set a new record. If so final corn yield will be going higher (unless we get an early hard freeze) 4 days ago

    Getting Train the Trainer info on the new Dairy Margin Protection program today in Denver. Learning a lot so far 4 days ago

    Has the chatter on an early freeze disappeared or is it just dormant 6 days ago

    Ag Economy; Policy Issues; and, Political Notes: farmpolicy.com/2014/09/05/ag-… 6 days ago

    Nothing prettier in August than to see rain water on the ground. At least the crops like it 3 weeks ago

    If tenants have compensated landlords fully for cash rents over the last few years, it will be much easier to get them to accept lower rents 3 weeks ago

    Is this Russia / Ukraine a case of buy the rumor / sell the news 3 weeks ago

    Nice rain and warmer temps yesterday should make good growing conditions 3 weeks ago

    Driving through Southern Minnesota and seeing some SDS in the soybeans 3 weeks ago

    I say US corn crop is 168-172 and I am sticking to it until I change my mind. 4 weeks ago