The capital gains tax rate applies to profits on your investments. If you owned an asset for a year or more before selling, it's taxed at a reduced rate. You can minimize the tax by investing in ...

Let’s explore how irrevocable trusts can help investors preserve their wealth while complying with IRS regulations.

The Section 121 Exclusion lets taxpayers exclude up to $250,000 of the gain from the sale. A couple filing jointly can ...

For policies issued on or after April 1, 2025, where premium exceeds Rs. 2.5 lakh annually, maturity proceeds for non-senior ...

To save on long-term capital gains tax, investors can utilize Section 54EC by investing in specific long-term bonds, which ...

Capital gains tax is levied on profits from assets ranging from shares to second homes, buy-to-let properties and personal possessions. The rates for stocks and shares gains were hiked in the ...

The Missouri Senate on Monday voted to send a tax cut bill, with provisions designed to benefit both the ultra-wealthy and ...

IRS data suggests the tax cut could reduce Missouri state revenues by $600 million or more, not the $111 million loss in ...

Special rates apply for long-term capital gains on assets owned for over a year. The long-term capital gains tax rates are 15 percent, 20 percent and 28 percent (for certain special asset types ...