When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...

Investing in stocks, real estate, or collectibles can be highly rewarding.  However, when it comes time to sell those assets, any profit will trigger a ‘capital gains' tax.  It is important to ...

During the fourth quarter, the Harbor Capital Appreciation Fund returned 6.22%, underperforming its benchmark, the Russell ...

This comes in the backdrop of Finance Minister Nirmala Sitharaman raising the tax-rebate threshold from ₹7 lakh to ₹12 lakh ...

There are many good software packages that can keep track of all the different tax aspects that may arise in an SMSF.

The Missouri House gave initial approval this week to a plan to eliminate the state’s capital gains tax. Capital gains are ...

What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only ...

Democrats worry about impact on state services while Republicans promote the tax exemption as a boost to Missouri's economic ...

The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...

Finance Minister Nirmala Sitharaman on February 13 tabled the new Income Tax Bill in the Lok Sabha. The bill, which is headed ...

When it's time to sell, you can deduct the costs for offloading your property from your reported capital gain. That includes legal, real estate, and advertising fees as well as expenses to get the ...