When you buy an ETF, you are buying a piece of a larger pool of assets. ETFs can be bought and sold just like stocks, and the price you pay is the current market price. It is important to keep in mind, however, that not all ETFs are created equal. When you are ready to […]
How Much Tax On Stocks
When you sell stocks, you may owe taxes on the profits. The amount of tax you owe depends on a few factors, including how long you held the stock and how you acquired it. Short-term capital gains are those profits you earn from investments you sell after holding them for a year or less. The […]
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15 Min
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What Taxes Do You Pay On Crypto Gains
Cryptocurrencies are a new and exciting investment option, but what taxes do you pay on crypto gains? Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first […]
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19 Min
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How Do You Get Your Money From Stocks
When you invest in stocks, you are buying a piece of a company. Over time, as the company grows and makes money, the stock price goes up. When you sell your stock, you receive money from the sale. This money is called a capital gain. There are two ways to receive money from stocks: through […]
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18 Min
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How To Avoid Short Term Capital Gains On Stocks
It is important for an investor to be aware of the tax implications of their investment decisions. Short-term capital gains are taxed at a higher rate than long-term capital gains, so it is important to take steps to avoid short-term capital gains whenever possible. One way to avoid short-term capital gains is to hold your […]
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20 Min
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How Crypto Is Taxed
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
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23 Min
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How Is Tax Calculated On Stocks
The tax you pay on stocks depends on how long you hold them. If you hold them for more than a year, your profit is taxed at the long-term capital gains tax rate. If you hold them for one year or less, your profit is taxed at the short-term capital gains tax rate. The long-term […]
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26 Min
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What Is The Capital Gains Tax On Stocks
The capital gains tax (CGT) is a tax on the profit realized on the sale of a capital asset. A capital asset includes most property and investments, such as stocks, bonds, and real estate. The tax is levied at the federal level, as well as by most states. The tax is generally applied to the […]
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16 Min
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What Happens If I Sell All My Stocks
If you’re thinking of selling all your stocks, you should first understand the potential consequences. There are a few things that could happen if you sell all your stocks. First, you could lose out on potential gains if the market continues to rise. Second, you could lose out on dividends if you sell your stocks […]
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18 Min
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When Are You Taxed On Crypto
Cryptocurrencies are a new and exciting investment option, but when do you have to pay taxes on them? This is a question that a lot of people have, and the answer can be a little confusing. The first thing to understand is that the IRS considers cryptocurrencies to be property, not currency. This means that […]
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17 Min
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