Selling a second home can trigger up to 20% in capital gains tax. Learn the proven ways to cut, defer, or avoid this tax hit.

Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

Selling an inherited property can be costly if you don’t know the rules, but a few tax-saving strategies can help preserve ...

Planning to invest in 2025? This SIP return calculator could maximise your gains - Investment planning is crucial for ...

Though the benefit of indexation is abolished but it is still available for the limited purpose of computation of tax ...

Selling your home can have tax consequences if its value has gone up. The IRS offers an exemption that lets you exclude some of the profit from capital gains tax when selling your primary residence, ...

Key Changes and Implementation Time line - India has officially notified the Income Tax Act, 2025, a complete rewrite of the six-decade-old 1961 law.

Domain Money reports effective tax optimization strategies can significantly lower tax burdens for all income levels through ...

The Income Tax Department provides a free tax calculator on its official website. It is considered the most reliable as it is directly from the government. Here you can know your tax liability by ...

Over the last few weeks, we have written about various tax credits, and we have saved one of the best for last. The dividend ...

Everyone pays federal taxes, but not all income is taxable. Learn which types of income are exempt from federal taxes and how ...

Learn how to deduct crypto accounting software costs on taxes. Explore IRS rules, business vs. personal use, eligibility, ...