The individual has $10 million in unrealized capital gains and lives in California. The Golden State has some of the highest tax rates in the country, especially on capital gains. The Redditor is ...

Donald Trump’s renewed pledge to “Make America Great Again” requires nothing less than reigniting economic growth and ...

President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...

Tens of thousands of people are displaced in California and first responders are battling blazes. Here’s a guide to how you can help and when that help is deductible.

A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign ...

If that happens, what sort of taxes will you owe on the sale? In most cases, when you sell a house, you owe long-term capital gains tax on the profit that you make from the sale (minus any ...

How do I document the improvements for the capital gains tax calculation ... In community property states such as California, both halves of the house get this step-up. A tax pro can provide ...

Despite losing their homes, homeowners in wildfire-affected areas may face substantial property taxes due to high land values.

The individual has $10 million in unrealized capital gains and lives in California. The Golden State has some of the highest tax rates in the country, especially on capital gains. Other ...