Looking to reduce your capital gains tax bill? Consider strategies such as holding investments for over a year to qualify for lower long-term capital gains rates, utilizing tax-loss harvesting to offset gains with losses, and investing in tax-advantaged accounts like IRAs or 401(k)s. Other ways to minimize capital gains taxes include donating appreciated assets to charity, taking advantage of the home sale exclusion, and spreading out sales over multiple years to stay within lower tax brackets. Consult with a financial advisor to find the best approach for your individual tax situation.
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The Biggest Takeaways From Axon Enterprise's Aug. 4 Earnings Report
On August 4, Axon Enterprise (NASDAQ: AXON) released its second-quarter financial report, leading to an 18% increase in its stock price, closing at approximately $745 per share. This rise contributes to a total year-to-date gain of 48% as of August 6. Want More Context? 🔎
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