Archive for May, 2008
Capital Gain and Loss Tax Issues
Thursday, May 15th, 2008Investors
Whenever you sell an investment at a profit, you will probably owe the IRS a tax known as a capital gains tax. This is true for most investments, including stock, mutual funds, bonds, options, or business. Capital gains are the amount by which an asset’s selling price exceeds its initial purchase price. A realized capital [...]