Need help? Call us now?
Arthur L Mills, III
Enrolled Agent
Member NATP
Toll free: 1.866.573.1961
Ofc: 903.383.2843
Cell: 972.523.5667
Email: Amills@amillstax.com
Do you have questions about reporting gains and losses on your tax return? Here are some facts from the IRS.
1.
Almost everything you own and use for personal purposes, pleasure or investment is a capital asset. 2.
When you sell a capital asset, the difference between the amount you sell it for and your basis, which is usually what you paid for it, is a capital gain or a capital loss. Get more facts by calling A Mills Tax Relief at 903.383.2843 or toll free 1.866.573.1961 to give yourself peace of mind this tax season.
"Let us get you off the hook with IRS"