Word: exclusionism
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Dates: during 2000-2009
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It’s spring time in Georgia. While millions of Americans tune in to CBS this weekend to watch the Masters Tournament, one of the premier golfing events in the country, the National Council of Women’s Organizations (NCWO) will be standing outside Augusta’s...
Times have clearly changed, and the role of women in the military has changed dramatically, as well. Women have finally begun to break through the glass ceiling and have achieved a level of equality never seen before. However, their exclusion from the draft only confirms the military’s...
Here's why. The big tax-rule overhaul of 1997 let married homeowners filing jointly pocket up to $500,000 of their home-sale gains tax free, while single filers could keep $250,000. Until then, sellers could defer taxes only by plowing gains into a new house, then taking...
--Do I owe gains tax if I sold without meeting the two-year requirement? Yes--but you can take a partial exclusion based on how long you owned and used the home, if you sold it for certain reasons. These include a shift in place of employment of more than...
--What about my home office? Good news: assuming you meet the other requirements, the new guidelines make clear that your whole gain is tax free, says Doug Stives, a CPA with the Curchin Group in Red Bank, N.J. (The exclusion used to be reserved for just the living space.) But...