Capital gains taxes are a complicated subject, but unless you actually like paying more in taxes than you perhaps otherwise should, it’s crucial to understand how they work… and the steps you can take to keep more of what you’ve earned.
With the election behind us and year end rapidly approaching, this is a good moment to devote attention to this important topic.
The S&P 500 Index has risen approximately 23% year to date and has more than doubled over the last five years. Many investors are confronted with the (ultimately nice) problem of realized and/or unrealized capital gains.
While there is no one-size-fits-all approach to this subject, those looking to maximize their investment results need to think carefully and proactively about managing capital gains.
In our latest 76report, we take a deep dive into capital gains taxes. We explain how they work and what all investors need to know. We also provide practical strategies to minimize their negative impact on your investment returns.
