Tag Archives: long-term
There are many tax terms that can get confusing if you’re not a tax expert. Basically, capital gains tax is applied to the increase in investment value. In order to understand how the tax is applied you must first know what a capital gain is. Capital Gain – the resulting amount when the purchase price […]
— Read moreDo you own stock in any corporations? If so, you may receive dividends from the company as distribution of the property you own. Typically, dividends are paid in cash, although some corporations chose to pay dividends by offering stock in another corporation or through property. Dividends can also be received through partnerships, trusts, estates, associations […]
— Read morePersonal or investment property that you own is typically considered a “capital asset”. Examples range from material items like a house or car, to investment items like stocks and bonds. A capital gain or loss occurs when a “capital asset” is sold. Whether you can consider the sale a capital gain or loss depends on […]
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