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	<title>Grimmett &#38; Company &#187; Tax Tips</title>
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		<title>Capital Gains Tax</title>
		<link>http://vegastax.com/2008/05/capital-gains-tax/</link>
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		<pubDate>Wed, 14 May 2008 05:15:27 +0000</pubDate>
		<dc:creator>Mike Grimmett</dc:creator>
				<category><![CDATA[Tax Tips]]></category>

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		<description><![CDATA[A capital gains tax is charged, so to speak, on capital gains&#8230;go figure. In other words, it&#8217;s a tax calculated by the profit gained by selling a non-inventory asset which was purchased at a lower price. No you don&#8217;t owe capital gains tax on the Snickers Bar you sold your buddy for lunch.

Check out the Q&#38;A below:
Q: What qualifies [...]]]></description>
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		<title>2008 Tax Rebate</title>
		<link>http://vegastax.com/2008/05/2008-tax-rebate/</link>
		<comments>http://vegastax.com/2008/05/2008-tax-rebate/#comments</comments>
		<pubDate>Mon, 12 May 2008 18:49:14 +0000</pubDate>
		<dc:creator>Tom Grimmett</dc:creator>
				<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[Rebate]]></category>
		<category><![CDATA[Tax]]></category>

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		<description><![CDATA[The $300 tax rebate can be received by taxpayers who typically do not file tax returns, such as those whose income is derived solely from Social Security.  However, they must file a tax return with the IRS to qualify for the rebate even though no taxes are actually due.
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