Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold ...

The 2025 capital gains tax rates have been adjusted upward, with thresholds increasing by about 2.8% across various filing statuses. For instance, with single filers, the 0% rate now applies to ...

Capital gains taxes are taxes levied on the profit from selling an asset for an amount greater than its purchase price. These taxes are categorized into short-term or long-term based on the asset's ...

Dear Liz: My husband and I built a home on a hillside over 30 years ago in a desirable neighborhood with a beautiful view. We thought it would be our retirement home, but life had different plans. Now ...

Short-term and long-term capital gains are taxed differently. The key difference between a short- and a long-term capital gain is how long you hold an asset. Capital gains taxes are not avoidable, but ...

Although the stock market had a rough year in 2022, many long-term investors still have substantial capital gains on their taxable investments. Many projections for 2023 point to some positive stock ...

On March 24, 2023, the Washington Supreme Court ruled to uphold a controversial capital gains tax on long-term investment profits. The 7% tax applies to sales of stock, bonds, mutual funds and other ...

Capital gains tax looks at the positive difference between an asset’s sale price and its original purchase price or cost basis. This type of tax is highly relevant to real estate transactions as ...

When most people think about estate planning, they focus on wills, trusts, and ensuring their assets pass smoothly to their ...

Gifting appreciated assets during your lifetime can saddle your beneficiaries with massive capital gains taxes they could otherwise avoid. Assets passed down after death often qualify for a step-up in ...