Gold IRAs: How to Lessen or Avoid That Pesky Capital Gains Tax

Since we just finished tax season, many first-time gold investors might wonder what to do about their precious metals holdings. How are they taxed, and are there any legal ways to lessen those taxes? Precious metals like gold, silver, and platinum are considered capital assets, so you will have to pay capital gains taxes when you sell them for a profit.

First published here: Gold IRAs: How to Lessen or Avoid That Pesky Capital Gains Tax