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.
New tax brackets recently released by the Internal Revenue Service mean that if you get a raise next year, there’s a chance ...
Although you can’t predict inflation or tariff rates in this environment, you could get a fair estimate of your tax refund ...
The standard deduction is also going to increase for the 2026 tax year, so those high earners who claim the standard deduction will get to subtract more of their money from their taxable income. The ...
NEW YORK, Sept 16 (Reuters) - While U.S. corporate taxes and interest rates fell over the past 40 years, the federal deficit soared. Does that mean the federal government is now justified in taking a ...
On Monday, 16 June 2025, the Senate Finance Committee released its version (the Senate Proposal) of the Section 899 retaliatory tax provisions that also are included in the “One Big Beautiful Bill Act ...
Rhode Island’s “Taylor Swift Tax” adds new surcharges on second homes over $1 million, part of a wave of similar taxes across ...
While the Trump administration is cutting taxes on personal income, it’s also raising import taxes (also known as tariffs) on ...