Willis Boatner Pugh
If you hold a capital asset for one year or less, any gain from the sale is considered short-term capital gain and taxed using the rates for ordinary income listed above. However, if you hold the asset for more than one year, the gain is treated as long-term capital gain and taxed a lower rate – either 0%, 15%, or 20%. As with the ordinary tax rates and brackets, the specific long-term capital gains tax rate that applies depends on your taxable income. However, the long-term capital gain brackets are set up so that you'll generally pay tax at a lower rate than if the ordinary tax rates and brackets were applied (see below).
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Sentiment Analysis
Great very nice people
I would highly recommend Daniel and his tam without any reservation but he may not be able to accommodate new clients as he is very sought after accountant in town.
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