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What is Capital Gains Tax?What is Capital Gains Tax? Capital gains tax (CGT) is a government levy on the profit made when you sell, transfer, or otherwise dispose of an asset that has increased in value. Simply put, if you purchase an asset for one amount and later sell it for more, the difference between the buying price (also called the cost basis) and the selling price is your capital gain—and this is what may...0 Comentários 0 Compartilhamentos 5KB Visualizações 0 Anterior
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What Tax Advantages Come with Charitable Donations?What Tax Advantages Come with Charitable Donations? Itemizing vs. Standard Deduction, Donor-Advised Funds, and Charitable Strategies Charitable giving is widely recognized as both a socially meaningful act and a financially smart one. For many donors, the decision to give is driven first by purpose: supporting causes they care about. But when tax season arrives, it’s worth understanding...0 Comentários 0 Compartilhamentos 944 Visualizações 0 Anterior