Business

Capital gains are the profits you make from selling your investments, and they can be taxed at lower rates

1 month ago   |   By Business Insider

Summary List Placement We're all pretty sure what "profit" means. After all, income is income - isn't it?
Well, not in the eyes of the Internal Revenue Service .
The tax people treat different types of income differently, at least as far as tax rates are concerned. This is particularly true when it comes to profits from your investments, or "capital gains" in financial-speak.
In a nutshell: The IRS taxes certain capital gains at a lower rate than other types of investment income. So understanding the ins and outs of capital gains is important for any investor and their investment...
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