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It is not important for managers to demonstrate organizational values.
Long-Term Capital Gain
The profit from the sale of an asset held for more than a year, generally taxed at a lower rate than short-term gains.
AGI
Adjusted Gross Income, the total income minus specific deductions, serving as a basis for calculating taxable income and certain tax credits.
Section 1231 Gain
A gain from the sale or exchange of property used in a business or trade that is treated as capital gain for tax purposes, providing tax advantages.
Section 1245 Gain
A tax term referring to the gain from the sale or disposal of certain types of depreciable property, where the gain is recaptured as ordinary income.
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