Before diving into the complex world of investment taxation, you may find it helpful to brush up on the basics.
The purpose of investing is to have your money make more money for you. However, your profits can be dampened greatly when tax time rolls around. Unless your investment occurs in a tax-sheltered account, you will find yourself handing over a chunk of your earnings to the tax man. That is why tax planning is a large part of investing in today’s markets.
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