How Capital Gains Are Taxed
Short‑term vs. long‑term treatment, and why timing matters.
Tax Advisory & Planning · Hurst, Texas
Everything you've built deserves to last.
Thornton Tax & Financial Services helps North Texas business owners, professionals, and families plan for taxes, major transactions, business transitions, and changing financial circumstances.
Led by Brandon Thornton, Enrolled Agent.
Tax Planning · Capital Gains · Business Taxes · Estate & Succession
Enrolled Agent‑led
Year‑round tax planning
Business & personal tax support
Estate & succession guidance
The Thornton Story
Tax guidance built on relationships that last.
Thornton Tax & Financial Services is a third‑generation, family‑owned firm serving the North Texas community since the 1950s. What began as a small local tax practice has grown into a full tax advisory firm — and stayed unmistakably personal along the way.
Today, Brandon Thornton leads the practice as an Enrolled Agent, working alongside the Thornton family to serve business owners, professionals, and families across Hurst, Bedford, Euless, Colleyville, and greater Tarrant County.
We answer the phone. We know our clients. And we treat every return, every projection, and every conversation like it matters — because it does.
Meet the Thornton TeamPre‑Decision Tax Planning
The most valuable tax conversation happens before the decision.
Once a transaction closes, options narrow. The clients we serve best are the ones who call us early — while the timing, structure, and reporting are still open.
- Selling appreciated investments
- Selling real estate
- Selling or transitioning a business
- Receiving an inheritance
- Making a major gift
- Planning for retirement
- Starting a business
- Responding to an IRS concern
Signature Focus · Capital Gains
A major gain deserves more than after‑the‑fact reporting.
Selling appreciated real estate, investments, or a business interest can create federal tax consequences that meaningfully change your outcome — and most of the opportunity to plan disappears once the deal closes.
- 01
Identify the proposed transaction
- 02
Gather acquisition and improvement records
- 03
Establish adjusted basis
- 04
Estimate the potential gain
- 05
Review timing and relevant tax considerations
- 06
Coordinate with legal and financial professionals
- 07
Prepare for estimated payments and reporting
Tax treatment depends on the client’s specific facts and circumstances. No specific tax outcome, refund, or savings result is promised or guaranteed.
Who We Help
Focused guidance for the people we serve best.
For
Small Business Owners
Business tax preparation, bookkeeping, planning, and guidance through growth, hiring, or transition.
Learn how we helpFor
Executives & Independent Professionals
Complex compensation, multiple income sources, estimated payments, and investment‑related tax decisions.
Learn how we helpFor
Families Planning a Legacy
Gift, estate, inheritance, retirement, and succession considerations, coordinated with your attorneys and advisors.
Learn how we helpFor
Investors & Property Owners
Considering the sale of appreciated real estate, investments, or a business interest? Plan the tax impact first.
Learn how we helpWhat We Do
Tax guidance for what you earn, own, build, and eventually transfer.
Keep More of What You Earn
- Individual tax planning and preparation
- Business tax planning and preparation
- Quarterly estimated payments
- Out‑of‑state and multi‑state returns
Build a Stronger Business
- Bookkeeping and financial organization
- Partnership and corporate returns
- Business startup guidance
- Ongoing tax and advisory support
Prepare for a Major Transaction
- Capital‑gains projections
- Real estate sales planning
- Investment sale planning
- Business‑interest sales
Protect Your Family & Legacy
- Gift and estate tax return preparation
- Estate‑planning coordination
- Succession planning for owners
- Retirement and education planning
Resolve Tax Concerns
- IRS notices and inquiries
- Prior‑year and amended returns
- Non‑filers
- Representation and resolution guidance
Meet Brandon & the Team
Experienced guidance from people who genuinely know their clients.
Brandon Thornton is an Enrolled Agent — a federally‑authorized tax practitioner empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service.
Read the full team pageBT
Brandon Thornton, EA
Enrolled Agent · Firm Leader
VT
Vicki Thornton
Client Relations
HT
Heather Thornton
Tax & Client Services
AT
Ashley Thornton
Firm Team
The Client Journey
Clear steps for decisions that rarely feel simple.
- 01
Strategy Conversation
A focused first call about the decision ahead and what to prepare.
- 02
Secure Information Collection
Documents exchanged through our secure client portal — never by email.
- 03
Tax & Financial Review
Brandon reviews your situation and identifies the questions that matter.
- 04
Customized Recommendations
Plain‑language guidance tailored to your business, family, and timing.
- 05
Implementation & Filing
Careful preparation, filing, and coordination with your other advisors.
- 06
Year‑Round Support
A responsive relationship — not a once‑a‑year phone call.
Hurst & North Texas
Rooted in Hurst.
Trusted across North Texas.
Our office sits on Norwood Drive in Hurst, minutes from Bedford, Euless, Colleyville, North Richland Hills, Grapevine, and Fort Worth. Clients across the Mid‑Cities and greater Tarrant County have trusted the Thornton family for tax and financial guidance for decades.
Tax Decisions, Explained
Straightforward guidance on the decisions that matter most.
Establishing Cost Basis
The records to gather before you sell real estate or investments.
Tax Planning Before Selling a Business
Structure and timing decisions that shape the after‑tax outcome.
Gift & Estate Tax Return Requirements
When a filing is required — and what to prepare in advance.
Before the Next Move
Before you sell, transfer, restructure, or file — understand the tax impact.
Start with a focused conversation about the decision ahead and the information you need before moving forward.
Personal guidance · Secure process · Clear next steps