B&H Accounting and Tax Services

08/11/2026

07/04/2026

Happy 250th Birthday America!
#2026

07/03/2026

What type of Business Owner are you?

It's Sunday evening. Your family is in the next room. And you're at the kitchen table categorizing receipts... again. 🧾

Sound familiar?

Here's the truth nobody tells small business owners: doing your own books at midnight isn't a badge of hustle. It's the mark of a business stuck at Stage 1.

We put together something we call the Small Business Maturity Evolution — the 5 stages every owner moves through on the way from overworked solopreneur to true business owner:

1️⃣ The Technician — you ARE the business
2️⃣ The Overloaded Operator — growing, but drowning in admin
3️⃣ The Delegator — the turning point 🔑
4️⃣ The True Owner — working ON the business, not IN it
5️⃣ The Builder — you own an asset, not a job

The skills that started your business are not the skills that will grow it. Somewhere on this list is where you're standing right now — and one stage to the right is where you're headed.

👉 Find your stage: https://bnhtaxservice.com/guides/small-business-maturity-evolution.html

Too busy to read it? That's exactly the point. 😉

📞 408-256-0339 | Milpitas, CA — serving San Jose, Fremont, Santa Clara & the Bay Area

The 5 stages every small business owner moves through — and how getting the books off your plate takes you from overworked operator to true owner.

06/11/2026

It's nice to see some of our local communities with good news and recognition.

Congratulations to the City of Milpitas’ Public Information Office on being honored with a Certificate of Excellence by the California Association of Public Information Officials (CAPIO) EPIC Awards Program.Selected from more than 500 entries statewide, this recognition celebrates outstanding publ...

04/15/2026

We can help to file extension, just give us a call.

(408)256-0339

03/25/2026

Tax calculate
#2026

03/04/2026

🇺🇸 U.S. Capital Gains Tax – Explanation with Example

Capital Gains Tax is the tax paid on the profit earned from selling an asset such as stocks, real estate, bonds, or businesses. 📈💰

A capital gain occurs when the selling price is higher than the purchase price.

Formula
Capital Gain =
Selling Price − Purchase Price
Types of Capital Gains in the U.S.

1️⃣ Short-Term Capital Gains
Applies when an asset is held for 1 year or less.

📊 Tax treatment:
Taxed as ordinary income
Uses the same federal income tax brackets (10% – 37%)
Example:
Purchase stock = $5,000
Sell after 6 months = $8,000
Capital gain = $3,000
If taxpayer income bracket = 22%
Tax =
$3,000 × 22% = $660

2️⃣ Long-Term Capital Gains
Applies when an asset is held for more than 1 year.

These gains receive lower tax rates.
📊 2025 Long-Term Capital Gains Rates
Taxable Income
Rate
Low income
0%
Middle income
15%
High income
20%
This encourages long-term investing. 📊

Example: Long-Term Capital Gain
Investor buys shares:
Purchase price = $10,000
After 3 years sells them for:
Selling price = $18,000
Capital gain:
$18,000 − $10,000 = $8,000
If investor’s capital gains rate = 15%
Tax owed:
$8,000 × 15% = $1,200
Net profit after tax:
$8,000 − $1,200 = $6,800
Example with Real Estate 🏠
Buy house = $250,000
Sell house later = $320,000
Capital gain:
$320,000 − $250,000 = $70,000
If long-term capital gains rate = 15%
Tax:
$70,000 × 15% = $10,500
Important U.S. Capital Gains Rules

📌 Primary Residence Exclusion
Homeowners can exclude:
$250,000 gain (single)
$500,000 gain (married)
If they lived in the home 2 out of the last 5 years.

📌 Capital Loss Offset
Losses from investments can reduce taxable gains.
Example:
Gain from stocks = $8,000
Loss from crypto = $3,000
Taxable gain =
$8,000 − $3,000 = $5,000

📌 Net Investment Income Tax (NIIT)
High-income individuals may pay an additional 3.8% tax.

Summary 📊
Capital gains tax depends on:
Holding period
Income level
Type of asset
Type
Holding Period
Tax Rate
Short-term
≤ 1 year
10–37%
Long-term
> 1 year
0–20%



Financial Accounting