Where Angel Investors, VCs Let Their ‘Dogs’ Out
Read about CapGain Solutions on the WSJ Venture Beat’s Venture Capital Dispatch by Lora Kolodny.
Sell us your zombie stocks before year end. Beat the rush and contact us today!
Read about CapGain Solutions on the WSJ Venture Beat’s Venture Capital Dispatch by Lora Kolodny.
Sell us your zombie stocks before year end. Beat the rush and contact us today!
Mention this post for a 60% discount on our document processing fees until December 27, 2013.
We must complete the ATA by December 31st to shield your 2013 capital gains.
Start the selling process now and complete the transaction in 24 hours or less!
Capital gains taxes are increasing this year. According to NerdWallet: Capital gains & dividend tax rates are increasing from 15% to 20% for singles earning $400,000+ and couples earnings $450,000+. For those who cross the threshold, the higher rate only applies to capital gains over the threshold. For example, if you are single and earn $500k of which $200k is salary and $300k is capital gains, you would be taxed 15% on the first $200k ($400k limit minus $200k non-capital gains salary) and then taxed 20% on the remaining $100k in capital gains ($300k total capital gains minus $200k taxed at lower rate).
Income Limits for Capital Gains & Dividend Tax Rates:
Tax Rate | Single | Married | Head of Household |
---|---|---|---|
0% | Up to $36,250 | Up to $72,850 | Up to $48,600 |
15% | $36,250 to $400k | $72,850 to $450k | $48,600 to $425k |
20% | Over $400k | Over $450k | Over $425k |
Ashlea Ebeling on the Forbes staff offers 11 Ways to Beat the Big 2013 Capital Gains Tax Hike: Tip 3 is “Harvest Losses. Don’t forget to look at the losers in your portfolio, and consider selling to harvest losses and offset any gains. People are always going to have assets in their portfolio that have losses.”
Whether your long term capital gains tax rate in 2013 is 15% or 20%, you can reduce your tax bill by unloading any losing investments you have and taking the write-off this year. However, for a bullet proof write-off, you need proof-of-bona-fide-sale documentation that will satisfy the IRS requirements. CapGain Solutions is here to help you get it quickly and easily. To realize your tax loss in 2013, you must divest the stock before December 31. Sell today to shield your 2013 capital gains!
If you have a capital gain or capital gains you wish to offset for 2013, you have only two months to sell any losers. After December 31, 2013 it is too late.
CapGain Solutions will purchase your zombie investments but it takes some time to do a transaction involving private stock. Thus, consider contacting us today to start the process.
Tax season is approaching – get ready!
Want to learn more about how Silicon Valley really works? Private equity and venture capital are areas you want to learn more about? Want to be mentored by successful entrepreneurs? Are you obsessed with finding and sharing stories online? Look here to learn more
Read More