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Tax Tips, Rates and Brackets for 2009 Returns

Posted by andyfvp on Dec 1st, 2008

With 2009 just around the corner, it is time for taxpayers to start taking some year-end actions with their finances to get the best outcome on their 2008 taxes. Thanks to the folks over at Turbo Tax, the leading online tax preparation and submission software, and my own experience here are some of the top [...]

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An overview of Capital Gains Tax

Posted by andyfvp on Jul 6th, 2008

Capital gains are the profits that an investor realizes when he or she sells a capital asset (eg a Stock holding) for a price that is higher than the purchase price plus transaction costs. Capital gains taxes are only triggered when an asset is sold, not while it is held by the investor

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The problem with distributions from actively managed funds

Posted by Scott Keefer on Jun 20th, 2008

The end of the financial year is looming and with it comes income distribution season for managed funds. The end of year will still see many of these funds making significant income distributions to unit holders. You may think that this does not make a great deal of sense given the tough share market [...]

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