Capital gains tax on stocks can cut into your profits. Find out what to expect for 2024-2025 and how to reduce what you owe.

Let’s explore how irrevocable trusts can help investors preserve their wealth while complying with IRS regulations.

Tax strategy should be top of mind when it comes to drawing down your retirement account. If you've held stocks in your ...

The Section 121 Exclusion lets taxpayers exclude up to $250,000 of the gain from the sale. A couple filing jointly can ...

It is advisable that taxpayers maintain detailed records of allotment, payments, and sale transactions, and seek professional advice when dealing with property-related capital gains to ensure maximum ...

A bill in the Missouri General Assembly would exempt income from long-term capital gains from state income tax. The proposed ...

Gold has appreciated dramatically in recent years. This spring, the price of gold has hit a few record highs over $3,000 per ...

Missed investing in tax savings bonds under section 54EC after selling a flat in April 2024, seeking a way out.

Taxpayers can choose either a 12.5 per cent long-term capital gains tax rate without indexation or a 20 per cent rate with indexation for property bought before July 23, 2024. According to the Inc ...

For policies issued on or after April 1, 2025, where premium exceeds Rs. 2.5 lakh annually, maturity proceeds for non-senior citizens are taxable as capital gains, but senior citizens enjoy exemption ...

Washington lawmakers are considering raising the state’s capital gains tax to offset the state's financial hurdles.

Capital gains tax rates vary depending on how long you held the gold before selling it. Long-term capital gains tax on physical gold When you’ve held physical gold for a year or longer ...