The Central Board of Direct Taxes (CBDT) has increased the cost inflation index (CII) used for calculating inflation-adjusted ...

A MoneySense reader wants input on the tax implications of her investment withdrawals, but she can’t get a straight answer ...

Outdated tax rules hit homeowners hard: soaring prices mean many now face big capital gains taxes. A new bipartisan bill aims ...

Knowing your way around the tax system means you can take advantages of ways to keep more of your income tax-free ...

With so much choice it can be hard to work out which stocks and shares ISA is right for you. We explain how to compare ...

In a landmark move to reshape its tax code, Washington State Senate Bill 5813 was signed into law May 20, 2025.

Tax rates on long-term capital gains (LTCG)—investments held for more than a year before being sold—from equity are taxed at 12.5% if sold after 23 July 2024 and 10% for those sold before this ...

This capital gains tax calculator helps estimate the taxes you'll pay on profits or losses from the sale of assets such as real estate, stocks and bonds for the 2024/2025 tax filing season.

The Income-tax Act of 1961 outlines set guidelines for offsetting capital gains and losses. This enables taxpayers to deduct losses from gains effectively, ultimately reducing their tax burden.

Short-term federal tax matches ordinary rates; long-term capped at 15-20% for most brackets. Missouri taxes all capital gains at regular income rates, up to 6% above $9,000. Consider holding ...

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their regular income tax liability. To calculate AMT, taxable income is adjusted by ...