You determine your potentially taxable capital gains by deducting your tax basis from your home sales proceeds.

The new Income Tax Bill, 2025 proposes a one-time tax relief. It could lower capital gains tax for many. Long-term capital ...

The top tax rate wealthy Americans pay on their investment gains today runs barely half the top rate the rest of us pay on ...

If you own mutual funds, year-end payouts can trigger a surprise tax bill, even when you haven't sold the underlying investment. Those distributions can incur capital gains taxes for assets held in a ...

Decades ago, you could defer capital gains by buying another home of equal or greater value, but that’s no longer the case.

Those long-term capital gains could play a big role in your retirement finances — and a positive one. But it's important to ...

Your ITR filing exercise can commence after accessing Form-16 and updated AIS, but ensure that you start the preparations by ...

For American expats, owning rental property abroad is a smart way to diversify and earn extra income. However, if you’re a US ...

President Donald Trump says his tax bill, which won approval from a key congressional committee on May 18, would lower taxes ...

Treasurer Jim Chalmers said after three rounds of consultation “nobody” could propose a better way to calculate how super ...

The wording of any law that repeals or otherwise changes the federal estate tax could have an impact on all of us. Here's ...