![]() ![]() To find a financial advisor who serves your area, try our free online matching tool. Let's talk about capital gains taxes - what they are, how they work and why, exactly, you should care about them.Ī financial advisor can help you manage your investment portfolio. The not-so-good news is that your gains are subject to taxation at the federal and state level. If you’ve built a low-cost, diversified portfolio and the assets you hold are now worth more than what you paid for them, you might be thinking about selling some assets to realize those capital gains. Or you're preparing for when they do in the future. If you are reading about capital gains, it probably means your investments have performed well. Capital Gains Photo credit: © iStock/James Brey
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