Contrary to conventional wisdom, increasing capital gains tax rates could modestly improve economic growth by reducing ...

How to calculate capital gains When you sell a capital asset at a price higher than its "basis," you're generally required to report a capital gain on your federal income tax return. Basis means ...

Discover effective capital gains tax planning strategies to minimize your tax liability and optimize investment returns. Learn more and take action now!

With the new administration in office, discussions around potentially eliminating the step-up in basis are gaining momentum.

RRSP contributions can reduce capital gains tax. How does that work, and when might a different tax strategy be a better ...

While profits from a home sale are considered capital gains, the IRS typically allows you to exclude part of the profit – if not all of it – from your taxes. But what if you sold your home and ...

You must include any surplus of those amounts in your taxable capital gains for the year ... received for selling the property, and the tax basis is the amount of capital you have invested ...

Learn how capital gains are taxed and how to avoid paying more taxes than necessary when selling your assets. Selling high-performing stocks or a cottage property can reap significant profits ...

Rep. Jim Costa (D–Fresno) has introduced legislation that seeks to protect people from having to pay an inheritance tax.

Canada will cancel a proposed tax increase in the capital gains inclusion rate, Prime Minister Mark Carney's office said on ...