An added 4% tax on incomes over $1 million and capital gains over $250,000 could generate more than $200 million in annual revenue for the state, according to estimates provided to lawmakers.

I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital ...

The alternative minimum tax (AMT) is a separate way to calculate taxes that makes sure high-income earners pay at least a ...

You can protect yourself against some tax blows such as the freeze of the income tax thresholds and higher taxes on ...

A recent post in the Chubby FIRE Reddit community lays out how you can minimize or eliminate your federal income taxes during ...

Life changes can have a big impact on your taxes. Whether you’ve recently tied the knot, gone through a separation or are ...

Do I have to pay a capital gains tax as I’m planning to pay off my ... of capital gains from the sale of their home, and married couples filing jointly to exclude up to $500,000, if they meet ...

Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are six strategies they use to do that.

The original poster is married and wants to ... up to $126,700 in long-term capital gains without paying federal taxes. This conclusion assumes that the couple isn’t making any other type ...

With the countdown ticking to the start of the new tax year, international accounting and business advisory firm, BDO, has ...