36 Chambers of Taxes

Adjust Your Basis for Capital Gains Tax

February 14, 2024 Jamaal "Crypto J" Solomon Season 1 Episode 19
Adjust Your Basis for Capital Gains Tax
36 Chambers of Taxes
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36 Chambers of Taxes
Adjust Your Basis for Capital Gains Tax
Feb 14, 2024 Season 1 Episode 19
Jamaal "Crypto J" Solomon

 When you adjust the basis of an asset, you’re adjusting its value up or down. The adjusted basis is used to determine the capital gain or capital loss that will result from the sale of the asset. In this episode, we will learn why you should adjust your basis for capital gains tax to save big on taxes!

My name is Jamaal “Crypto J” Solomon, founder of J.S. Tax Corporation. The goal of this podcast series to give you REAL tax advice in 7 minutes or less. You literally have no excuses!

Here is my Source Award pitch to you……

Any taxpayer out there that want to be tax savvy and want to stay a star, and don't have to worry about their tax accountant trying to be all in the tik tok videos, all on the YouTube, dancing... come to J.S. Tax Corporation!"
Let’s Go!

Support the Show.

Looking for a new accountant? Free 20 minute consultation: https://jstaxcorp.hbportal.co/schedule/6544f8dac5128d0027c0f003

FREE weekly tax group sessions: https://pensight.com/x/jamaalsolomon/new-group-event/4ce5aeeb-0ca9-47dd-9219-e6d8fcf7dcf8

J.S. Tax Corporation's website: www.jstaxcorp.com

Help us by becoming a paid subscriber: https://www.buzzsprout.com/2287413/support

Youtube page: https://www.youtube.com/@36chambersoftaxes

Ebook: https://www.amazon.com/Good-Guys-Tax-Journey-Part-ebook/dp/B00FMGH9P6

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Show Notes

 When you adjust the basis of an asset, you’re adjusting its value up or down. The adjusted basis is used to determine the capital gain or capital loss that will result from the sale of the asset. In this episode, we will learn why you should adjust your basis for capital gains tax to save big on taxes!

My name is Jamaal “Crypto J” Solomon, founder of J.S. Tax Corporation. The goal of this podcast series to give you REAL tax advice in 7 minutes or less. You literally have no excuses!

Here is my Source Award pitch to you……

Any taxpayer out there that want to be tax savvy and want to stay a star, and don't have to worry about their tax accountant trying to be all in the tik tok videos, all on the YouTube, dancing... come to J.S. Tax Corporation!"
Let’s Go!

Support the Show.

Looking for a new accountant? Free 20 minute consultation: https://jstaxcorp.hbportal.co/schedule/6544f8dac5128d0027c0f003

FREE weekly tax group sessions: https://pensight.com/x/jamaalsolomon/new-group-event/4ce5aeeb-0ca9-47dd-9219-e6d8fcf7dcf8

J.S. Tax Corporation's website: www.jstaxcorp.com

Help us by becoming a paid subscriber: https://www.buzzsprout.com/2287413/support

Youtube page: https://www.youtube.com/@36chambersoftaxes

Ebook: https://www.amazon.com/Good-Guys-Tax-Journey-Part-ebook/dp/B00FMGH9P6