Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold stock, real estate, or other capital assets, knowing the correct long-term ...

Real estate can quietly generate one of the largest tax bills most people ever face, because the IRS treats profit on ...

Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers three questions from readers on capital gains. Though most long-term capital gains are taxed at the 0%, 15% ...

Years of soaring home prices have turned ordinary homeowners into accidental millionaires—and, in many cases, unexpected taxpayers. What used to be a concern only for the ultrawealthy or lifelong ...

In comments to the press on Tuesday, President Donald Trump suggested he is considering eliminating capital gains taxes on the sale of homes. Soon afterwards, Rep. Marjorie Taylor Greene of Georgia ...

If you’re proactive, there are smart, legal ways to reduce capital gains taxes and keep more of what you’ve built. If you’ve experienced a successful exit from selling your business, stepping away ...

Tax bills recently passed in Missouri and neighboring Illinois underscore the contrasting approaches that red and blue states ...