Selling your home to downsize can make your retirement more financially stable, but if you have a profit on the sale you ...

Deferring income into a future tax year is a straightforward yet effective strategy for managing tax liability, particularly for high earners or those nearing a tax bracket threshold. If you expect a ...

Frozen tax thresholds and diminishing allowances are pushing more people into higher tax brackets. For example, the ...

Saving enough money for retirement is a primary concern when it comes to financial planning for Americans. However, it's also ...

Funds that use Section 351 conversions are rolling out in 2025, led by the launch of one with the ticker TAX. Here's what ...

(Photo by: Chris Harris/UCG/Universal Images Group via Getty Images) Investors from London and the Home Counties will be the hardest hit by April’s hike to capital gains tax and should consider ...

A Section 1031 "like-kind" exchange may be the answer if you are looking to sell your investment property and avoid costly capital gains taxes.

Long-term capital gains get a preferred tax bracket compared to other sources of income. The taxes on gains on the sale of securities held for longer than one year can be as low as 0%.

Before we dive into how to avoid taxes on Social Security ... of retirement account withdrawals and capital gains. But trying to use some standard tax strategies with both of those income sources ...

is promising to eliminate the increase to the capital gains inclusion rate if elected. Poilievre made the announcement in a social media post on Thursday, saying the tax “was a bad idea before ...

There’s just one thing left to do before you count your profits. And that’s calculating your capital gains tax. A capital gains tax is a tax imposed on any profit you make from selling an asset.

The Liberals billed the changes as a move to promote “tax fairness” and close a loophole that helped the wealthiest Canadians avoid taxes on capital gains. But some business groups pushed back ...