The term “capital asset” for tax purposes applies to almost everything you own and use for personal or investment purposes. A capital gain or loss occurs when you sell a capital asset. Here are 9 facts on capital gains and losses: 1. Almost everything you own […]
Read more →The typical investment advice at year-end is to sell losing stocks to offset gains you have taken for the year. This year that strategy may just be the wrong way to go, here’s why. The maximum rate on long-term capital gains is scheduled to rise from […]
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