Thursday, May 11, 2006

Good news on Capital Gains

Just back from a business trip where lots got done and set into motion. It's going to be an exciting second half of the year.

Our government just extended the lower capital gains tax rates for another 2 years. See link:

http://www.cnn.com/2006/POLITICS/05/10/house.tax/index.html?section=cnn_latest

They added a bit to the limits to avoid the dreaded Alternative Minimum Tax, but a lot of people will be still be caught in that trap. Let's hope they eliminate it all together one of these years!

I'll be back on track starting next week. Have a new website with free report available here.

Happy Mother's Day to all you moms. My mom will be visiting from Florida this year.

Paula Straub
SaveGainsTax
760-917-0858