Important information for Nevada realtors dealing with California clients regarding possible relocation to Nevada
Important information for Nevada realtors dealing with California clients regarding possible relocation to Nevada 1. Federal tax Changes “Looming”: a.”Bush Tax Cuts” to expire 12/31/12 b. Top ordinary rate goes from 35% to 39.6%; even bottom end rate to increase from 10% to 15% c. Top long term capital gain rate goes from 15% to 20% d. Dividends revert to “ordinary income” and thus taxable at 39.6% versus […]