The Income Tax ... how much loss remains available for future set-offs and ensure it stays within the allowable time frame. However, not all losses can be set-off against capital gains.

Last year’s Budget changes mean it’s more important than ever to get on top of Capital Gains Tax (CGT), so you can manage your assets ...

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 ...

or 20% (with indexation), plus surcharge and cess There are no changes to the taxation of long-term capital gains (LTCG) derived from residential property in the new Income Tax Bill 2025.

When selling your main home, there's a tax break that shields up to $250,000 of profits for single filers and $500,000 for ...

Just as the bloated level of estimates of billionaire fortunes causes us not to consider the possibility those fortunes may ...

Taxes don't stop in retirement. They often become more complicated as you draw income from multiple sources, each with its own tax treatment. Social Security, retirement ...

The Missouri House gave initial approval this week to a plan to eliminate the state’s capital gains tax. Capital gains ... making loans on “unimproved property,” so I had to borrow the ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Stella Osoba is the Senior Editor ...

The House also passed bills to end the capital gains tax, preserve the assets of foster children and allow landlords to ...

The release of a new, updated tax form doesn ... disposed of a flipped property, the gain on the sale is taxable as 100 per cent business income and not as a capital gain, and accordingly, does not ...

Inheriting a home in California can bring a big windfall. However, recent law changes have made inheriting a home a bit less ...