3 Ways to Decrease Capital Gains Tax
(WorldNews Business)

Taxes. No one likes to pay them. Unfortunately, that old adage about death and taxes rings as true today as it ever has. Investment income is not spared either, but there are ways to decrease these taxes, or stop them from hindering the growth of your wealth through time. 1. Go long-term The easiest way to cut down your annual taxes on investments is to hold them for more than a year. Short-term capital gains taxes are taxed as ordinary income. Long-term capital gains tax creates an incentive for long-term investors. To qualify for these lower rates, you must hold your investment for over a year. The three rates for...