Capital Gains5 min read
How capital gains are taxed
Federal treatment, rates, and where New Jersey diverges.
By Paul McCloud, EADiscuss →
Tax Decisions, Explained
Educational writing on the questions our clients ask most.
Plain-language articles on capital gains, real estate transactions, business planning, QuickBooks workflows, and IRS matters — written from an Enrolled Agent's perspective.
Capital Gains5 min read
Short-term vs. long-term capital gains
Why the holding period is often the most consequential planning lever.
By Paul McCloud, EADiscuss →
Capital Gains5 min read
Establishing cost basis
The records that determine the size of the taxable gain.
By Paul McCloud, EADiscuss →
Real Estate5 min read
Selling appreciated real estate
Depreciation recapture, basis adjustments, and pre-sale planning.
By Paul McCloud, EADiscuss →
Business5 min read
Tax planning before selling a business
Structure, timing, and coordination with legal and financial advisors.
By Paul McCloud, EADiscuss →
New Jersey5 min read
New Jersey taxation of capital gains
How New Jersey generally treats gains as ordinary income.
By Paul McCloud, EADiscuss →
Payments5 min read
Estimated payments after a major sale
Why the quarter of the sale often matters more than April.
By Paul McCloud, EADiscuss →
Capital Gains5 min read
Using capital losses strategically
Offsetting gains, ordinary income limits, and carryforwards.
By Paul McCloud, EADiscuss →
Business5 min read
Quarterly planning for business owners
A rhythm that produces fewer surprises at year-end.
By Paul McCloud, EADiscuss →
QuickBooks5 min read
QuickBooks best practices
The small setup and workflow choices that pay off all year.
By Paul McCloud, EADiscuss →
Business5 min read
When a business has outgrown basic bookkeeping
Signals it may be time to upgrade your accounting workflow.
By Paul McCloud, EADiscuss →
IRS5 min read
Responding to IRS notices
A calm, practical framework for the letter that just arrived.
By Paul McCloud, EADiscuss →
Articles are educational and general in nature. They do not constitute tax, legal, or investment advice, and tax treatment always depends on each client's specific facts and circumstances.
Before the decision is final
Before you sell, restructure, respond, or file — understand the tax impact.
Start with a focused conversation about what is changing and what you need to know before moving forward.
Personal guidance · Secure process · Clear next steps