"We have identified some effective options in distressed Real Estate ventures to defer income taxes for our investors," said Ronald Isaac, a consultant at World Class Commodities for several years now who also works with Law Firms in the New Jersey, New York Metropolitan area.
Capital gains tax rates are decided by the type of investment asset and the holding period of the asset. In addition to the federal capital gains tax rates, your capital gains will also be subject to state income taxes. Many states do not have separate capital gains tax rates. Instead, most states will tax your capital gains as ordinary income subject to the state income taxes rates.
Short-Term Capital Gains Tax Rate
Therefore Capital gain revenue from assets held a single year or less is taxed at the normal income tax rates in effect for the year, ranging from 10% to 35%. The solution: Defer Your Capital Gain Taxes. World Class Commodities can offer some solutions to defer capital gains while increasing your portfolio substantially. WCC has identified some great projects at this time that could be extremely beneficial to investor thus, deferring taxes while also building their portfolio.
Long-Term Capital Gains Tax Rate:
Capital gain income from assets held for a longer period than one year are usually taxed at a particular long-term capital gains rate. The rate that applies will depend on the normal income tax bracket you fall under.
*Zero percent rate if your combined income (including capital gain income) places you in the ten or fifteen percent tax brackets. *15% rate if your total income (including capital gain income) places you in the twenty-five percent tax bracket or higher.
Dividend Income Tax Rates:
Dividends are classified either as ordinary dividends or as qualified dividends. Ordinary dividends are taxed at ordinary tax rates for whatever tax bracket you are in. Qualified dividends are taxed at the long-term capital gains tax rates of zero percent or 15% percent rate. To be eligible as a qualified dividend, the dividends must be from a domestic corporation or a qualifying foreign corporation and you must hold the stock "for more than 60 days during the 121-day period that begins 60 days before the ex-dividend date." If you are in need of a long term vehicle, feel free to contact our office and we can point you in the right direction.