Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.

Real estate tends to appreciate, and if you stay in your house for long enough, you can make a pretty steep profit when it comes time to sell. But the IRS may be entitled to a share of your earnings, ...

As an investor, you’ll want to pay close attention to the taxes you have to pay on your investments. And you’ll want to find ...

I’m 62 years old and retired from a bank manager post in August 2023. Here’s my situation: my parents purchased a residential built-up property of 149.10 sq. meters in East Delhi in July 1996 for ...

Tax alpha, sometimes called alpha tax, measures how much an investor can add to their financial plan by optimizing efficient tax strategies. Essentially, tax alpha boils down to the ability of an ...

Minimize the amount of money you lose in taxes and maximize your investments Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and ...