What are your capital assets? Are they short-term or long-term? What types of long-term and short-term assets are they? Are you aware of the new capital gains tax rates for 2013?
Trying to understand capital gains can be a very confusing process, but knowing the ins and outs of this tax code and help you save on your tax bill.
The following infographic lays out some helpful hints to understanding this complex and confusing tax code.
Click on “Launch Infographic” for an expanded view.