When Broker Misconduct Leads To Tax Return Losses
Our Skilled Investor Loss Lawyers Work With CPAs and Investors in Pursuing Financial Recovery
Many people don’t realize that investing can impact them tax-wise. For example, if you receive income from your investments, you may have to pay an ordinary income tax rate or, in certain instances, a special tax treatment involving lower, long-term capital gains tax rates. If you made a profit from selling an investment, you will typically have to pay taxes for the money that you earned. Or, if you sustained a loss from the sale, you may be able to take a deduction depending on what assets were involved. A qualified CPA can help with such matters.