Taxpayers should remember that tax-saving exemptions on capital gains are available on long-term capital gains (LTCG) only.

Harvesting capital ... Tax, AKM Global, a tax and consulting firm, says tax harvesting helps investors to minimise their tax liability and lower their taxable income. “Harvesting gains ...

Estimated taxes are due quarterly, usually on the 15th day of April, June, September and January of the following year. One ...

However, concerns are mounting over one critical aspect: the potential equalization of capital gains tax with active income tax rates. Chartered Accountant Paaras Gangwal cautioned on X ...

Liberal leadership candidate Chrystia Freeland would scrap changes to the capital gains tax that she introduced ... gains would be taxed as regular income. If her bid to replace Justin Trudeau ...

OTTAWA--Former Canadian finance minister Chrystia Freeland, who's vying to be the next leader of the Liberal Party and the country's prime minister, plans to repeal an increase in the capital-gains ...

This technique also allows you to retain more of your future growth in the portfolio, by lowering capital gain income in future years. Tax-loss harvesting is sometimes considered an annual or year ...

Curtis Trent, R-Springfield, would authorize a state income tax deduction for 100% of all capital gains income reported to the IRS. Capital gains are the profits an individual or business realizes ...

which are often taxed at lower rates than ordinary income. If you hold onto your investments for the long term, you might even qualify for lower capital gains tax rates – a win-win for your tax ...

Each employee usually has the choice to accept a lump-sum payment from the pension at the time of their retirement or to receive monthly income payments. Capital gains tax is due on realized ...

The Federal Government chose not to act on recommendations to review negative gearing and capital gains tax more than 20 years ... times the average person’s income to 9 times, with booming ...