House lawmakers voted to eliminate the capital gains tax, which could cut $334 million a year in revenue. More than half of that would reflect reduced payments from corporations.

In this article, we explain five of the most effective methods. Capital gains tax can significantly impact the profits from selling a rental property. Make sure you sell your rental property after at ...

Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...

From federal income tax to Washington state’s property and capital gains taxes, here’s a guide to procedures and deadlines ...

In respect to a property or its part held as stock-in-trade and not let wholly or partly at any time during the tax year, the ...

JEFFERSON CITY — The Missouri House gave initial approval Tuesday to a plan to erase the state’s capital gains tax, potentially blowing a $334 million hole in the state budget. Under the ...

After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.

If you’re looking to put the proceeds of an investment property into super, you can, but you’ll need to act fast.

The White House said the president wants to end a carried interest tax break prized by Wall Street hedge funds and private ...

Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.

These powerful strategies, from timing your sales during low-income years to leveraging qualified opportunity zones, can ...

A home seller may not owe any capital gains taxes on sale of a principal residence if the transaction qualifies for the ...