Getting Started with Capital Gains Tax

Contributed article in our business series from “Thirty Six Months”. Enjoy! – Kimberly

We’ve covered a lot of investment related topics here at Thirty Six Months. In the previous post, I talked about how to exit an investment. Here, however, we’re going to focus on the capital gains tax. According to Villanova University and its MSA program online, capital gains tax is the tax you pay on the gain in investment. The tax is paid when you choose to sell the investment and pocket the gain. If you’re investing in the stock market, for instance, the profit you make when you sell your shares is taxed.Continue reading