Depending on the type of account you choose, your business brokerage account may be subject to capital gains tax, income tax, or both. Take the time to research and understand the different types of taxes, how they apply to your business, and how they can affect your bottom line.
Additionally, if you use the account for retirement savings, you may be eligible for tax breaks. It is important to consult a qualified tax professional to ensure you are taking full advantage of any tax benefits you may qualify for.