Capital Gains: Plan Ahead to Minimize Taxes

By John W. Cashman, Jr., CPA
Tax Manager at Gray, Gray & Gray, LLP

capital gains compass_164252669The ongoing economic recovery has resulted in a return of an extended bull market on Wall Street. One offshoot of this is an increase in capital gains generated by activities such as portfolio reallocation and the sale of appreciated assets. While many factors go into making a buy/sell decision, one of the most important concerns is the tax implication of any transaction that results in capital gains. Continue reading