Capital gains tax
A tax on the profit realized from the sale of non-inventory assets like stocks, bonds, or real estate. Long-term capital gains, from assets held over a year, typically have a lower tax rate than short-term gains.
A tax on the profit realized from the sale of non-inventory assets like stocks, bonds, or real estate. Long-term capital gains, from assets held over a year, typically have a lower tax rate than short-term gains.
William Bevins Jr, CFP® CTFA
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