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Congress needs to do its job and pass a tax bill that does not continue sneaky taxes on middle-class citizens.
Let’s explore how irrevocable trusts can help investors preserve their wealth while complying with IRS regulations.
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.
A new bill proposal would increase Washington’s capital gains tax by adding a 2.9% surtax on annual investment profits over ...
The bill’s fiscal impact note estimates that removing the capital gains tax on personal income alone would represent a loss ...
A deferred sales trust allows an asset owner to sell highly appreciated property without immediately incurring capital gains tax.
Washington lawmakers are considering raising the state’s capital gains tax to offset the state's financial hurdles.
Receiving property when someone dies can come with unexpected financial burdens, particularly taxes like estate and inheritance, and capital gains tax, which applies to the profits made from ...
If you make a gain after selling a property, you'll pay 18% capital gains tax (CGT) as a basic-rate taxpayer, or 24% if you pay a higher rate of tax. For other assets, such as shares, the rate depends ...
If you sell gold within a year of purchasing it, your profits are taxed as short-term capital gains at your ordinary income tax rate. Meanwhile, if you hold it for more than a year, you may pay a ...