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

ITAT Surat observed that both the Assessing Officer (AO) and CIT (A) had passed ex-parte orders, leading to an unfair assessment process. The tribunal highlighted that the AO had directly added the ...

As a real estate investor himself, President Trump appears poised to preserve the tax-deferring power of this strategy. But ...

Transferring a home to your children can offer them divorce, creditor and tax protections as well as provide a mechanism for managing the property.

The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular  with the goal of minimizing disputes with sellers of ...

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

The new year is already heralding significant tax innovations in Israel in general, and in real estate taxation in particular. Following ...

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...

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

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

The sale of a commercial property allows for long-term capital gains tax exemption under Section 54F if a residential house ...