Long-term capital gains are taxed lower than short-term if held over a year. State tax laws vary; some states offer breaks on long-term gains. Strategies to reduce taxes include holding stocks ...

This metric reflects total state and local tax revenues – from income taxes, sales taxes and more – as a share of personal income, based on tax revenue data from the U.S. Census Bureau’s ...

Australian Rugby League Commission chairman Peter V'landys has confirmed the competition is looking into tax incentives for players to entice them into playing for Papua New Guinea. Speaking on ...

Jeff Stein is the White House economics reporter for The Washington Post. Since joining The Washington Post in November 2017, he has covered the Republican tax law; the government shutdown ...

Tax-deferred growth allows investment gains to compound without immediate tax payments. Investing in retirement accounts like 401(k)s offers tax deferment and potential employer matching. Roth ...

Capital gains tax (CGT) is payable when an individual sells a valuable asset they own – most commonly, this will be a property that’s not their main residence, or shares. It’s important to ...

An icon in the shape of a lightning bolt ... If this was forwarded to you, sign up here. The White House and your wallet On the eve of election day, we're offering a final breakdown of how ...

Here’s why you should prepare for a tax hike. The bond market will frown on short-term gimmicks that mask tax-cut costs Published: Oct. 5, 2024 at 9:00 a.m. ET ...

After promising to eliminate taxes on tips, Social Security benefits and overtime pay, former President Donald Trump is taking aim at the largest levy of them all — the federal income tax.

Nothing is less exciting than thinking about taxes, especially when the bill is coming due. And once you cross into the first quarter of the year, little can be done to reduce your tax liability ...