Outdated tax rules hit homeowners hard: soaring prices mean many now face big capital gains taxes. A new bipartisan bill aims ...

But the tax-free allowance on capital gains has reduced in recent years from £12,300 to £6,000 in April 2023, and slashed ...

You will usually have to pay capital gains tax if you make a profit when selling buy-to-let properties, business premises, ...

When Mr A deposits the amount in an FD in favour of his wife, interest earned on it shall be clubbed with the income of her ...

Yes, it’s entirely possible to make more than $100,000 and pay no federal income tax on it. This little trick is completely legal and — incredibly! — the tax code almost seems to encourage you to use ...

The U.S. housing market is showing troubling signs of weakness—inventory is near historic lows, baby boomers are staying put, ...

Using their GICs to help purchase a larger house makes sense, Egan said. “Even if they have to take on a small mortgage, the ...

The group said businesses are ‘increasingly dissatisfied and frustrated’ by the lack of delivery of infrastructure by the ...

The tax and spending legislation approved by the U.S. Senate would create an unprecedented, dollar-for-dollar federal tax ...

MoneyMagpie Editor and financial expert Vicky Parry explores how grandparents can help their families without large tax bills ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...