When you sell an asset for more than you paid for it, the profit you make is considered a capital gain and must be reported to the IRS. Understanding how to use Schedule D to report these gains will ...

Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...

The only change in the rates of capital gains tax (CGT) is for gains on shares that qualify for investment relief, and gains from business assets that qualify for business asset disposal relief. This ...

Making money on your investments is a great feeling. The only downside is the capital gains tax you have to pay on your earnings when you sell. Each year, the capital gains tax brackets get a bit of ...

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...

In recent years, more people across the United States are triggering capital gains taxes when they sell their primary homes. This is happening even though the federal government offers a tax break: a ...

Nineteen new banks have received authorisation to provide Capital Gains Account Scheme (CGAS) services. This expanded access ...