A Taxing Story: Capital Gains and Losses
Capital gains are generated when a person sells an asset for more than its purchase cost. These gains are classified into two categories: short-term gains, which arise from assets held for one year or less, and long-term gains, which result from assets held for over a year. Please remember that the information provided here is […]
Estimating the Cost of College
You don’t need a finance degree to recognize that college expenses are steadily climbing. According to the College Board’s 2023 report, in-state tuition and fees at private non-profit four-year colleges have risen by 5% when adjusted for inflation from the 2013-14 to the 2023-24 academic years.1 For many households, the majority of education expenses are […]
