We don't make ordinary gains. We make capital gains.
Building a healthy body takes a lot dedication. Bodies are like a function. You put something into them, and you will get something out. If you desire a healthy body, you need to learn what to put in it.
Accounting and business work much in the same way. Make a sale; buy property. These transactions result in a business' financial position. Sell that property at a gain. The gain has created a tax liability.
Here we write about things that interest us. We are accountants that lift. We make capital gains.
W R I T E R S
Daniel Cathers, EA, MAcc
John Madson, MBT