Month: December 2008

What is a Wash Sale? How does it affect taxes on Capital Gain?

When you sell a stock at a loss and repurchase a substantially identical stock within 30 days, your transaction will likely be designated a wash sale. A [...]

US Economy, when will we see normalcy again?

2008 Recession is known to be one of the worst recessions since World War 2. Households are not only cutting their day to day expenses, but also resorting to [...]

What is an ITIN or Individual Taxpayer Identification number?

ITIN is a tax processing number issued by the Internal Revenue Service. Individuals who are not eligible for SSN, but who are required to have a U.S. taxpayer [...]

Welcome to GVA, mytaxfiler®

About GVA - Global Value Add, Inc (GVA) founded by industry professionals and alumni from Infosys, KPMG, and consultants from reputed tax consulting companies [...]