Tax Implications When Selling Your Home
Here’s what you need to know about the potential tax implications before putting your home on the market.
KWC specializes in providing tax, audit, accounting, business consulting services and client advisory services (including outsourced accounting, virtual CFO services, internal control analysis, accounting systems analysis and design) for businesses, individuals, estates, trusts, non-profit organizations, and employee benefit plans. Our diverse client base served includes industries such as professional service firms, government contractors, non-profits, real estate, construction and specialty contractors, and healthcare providers. KWC is the CPA firm clients trust in Alexandria, Arlington, Fairfax, Tysons Corner, Springfield, Arlington, the Richmond Metropolitan Area, Northern Virginia, Washington, D.C. and Maryland.
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Tax Implications When Selling Your Home
Prices in many residential real estate markets have surged over the last few years. As a result, you may be sitting on a significant unrealized gain, especially if you've owned your principal residence for a while. That's good news if you're ready to sell, but will...
Avoid These 6 Estate Planning Pitfalls
No one likes to contemplate his or her own mortality, but ignoring the need for an estate plan or procrastinating in the creation of one is asking for trouble. If you haven't started the process, don't delay any longer. However, for your estate plan to achieve your...
KWC Names New Principal
We are pleased to announce the promotion of Kristen Baietti to Principal with the firm. “I am pleased to introduce Kristen as a principal with the firm,” said Connie Hammell, Managing Principal of KWC. “She has developed close relationships with her clients over the...