Professional Services News / American Tax Service

Understanding Capital Gains on Home Sale and Whether to Pay Taxes

Via: ReleaseWire

Updated 7:13 AM CDT, Fri, September 20,2019

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Traverse City, MI -- (SBWIRE) -- 09/20/2019 -- is back with the latest topic for American Tax Payers. This time it is about Capital Gains on Home Sale and whether the sellers have to pay taxes or not to the IRS. Taxes are very complicated and due to less access to information many tax payers end up paying taxes unnecessarily. With regards to capital gains and their taxes, there are separate rules post 1997 and prior to 1997. And then there are rules for married couples wherein the rules are more favorable for couples rather than single homeowners. Also understand the special rules and special circumstances for military members. At the end the readers will also discover the benefits of filing their taxes online and how the free tax refund estimator will suggest the expected refund for the year.

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About American Tax Service
American Tax Service is an online portal that helps American Tax Payers understand various aspects of Tax and also features some helpful tax links such as H&R block tax refund calculator, child tax credit, tax refund dates, etc.

Media Contact
Frank Ellis – American Tax Service
Address: 945 East 8th Street Suite A, Traverse City, Michigan 49686
Phone: 231-313-6078

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Media Relations Contact
Frank Ellis
Email: Click to Email Frank Ellis