Tag: capital gains

  • Capital Gains Tax: A Tax Based on Certain Assets Sold

    Capital Gains Tax: A Tax Based on Certain Assets Sold

    Capital gains tax (also known as tax cgt) is based on assets sold for profit for individual. These assets can be stocks, bonds, real estate, collections, and digital assets. Review the federal guidelines and your state guidelines. Federally there is a tax rate and mutliple states have their own tax rate on top of the…