Selling your home can trigger capital gains taxes, but there are ways to reduce or eliminate your bill, experts say. Here’s what to know.

Just as the bloated level of estimates of billionaire fortunes causes us not to consider the possibility those fortunes may ...

The Missouri House gave initial approval this week to a plan to eliminate the state’s capital gains tax. Capital gains are ...

Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...

The Income Tax Act allows taxpayers to use capital losses to offset gains, reducing their tax burden. Even if you can't use the entire loss in a single year, you may carry it forward for future ...

The difference between a 15% and a 24% tax rate on a capital gain can come down to holding it one day longer. Selling losers to offset gains from winners can also reduce taxable gains for the year ...

The release of a new, updated tax form doesn’t generally make headline news, but this week’s publication of the Canada Revenue Agency’s (CRA) 2024 Schedule 3, Capital Gains or Losses has more than a ...

MUMBAI: The new Income Tax Bill has no changes in the rate structures, nor are there any changes in the capital gains tax rates. The Bill, which is likely to be tabled on Thursday, has 23 chapters ...

The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...

Democrats worry about impact on state services while Republicans promote the tax exemption as a boost to economic growth.