capital gains

Donald Trump and Kamala Harris, the 2024 presidential candidates, present starkly contrasting visions for voters, particularly on federal tax policy. Capital Gains Tax: Capital gains are the profits received after selling an asset. Gains are subject to taxes depending on how long the asset was held...

The Canadian government has announced several new tax increases in the latest budget released this week to cope with its debt. The country’s capital gains tax will spike to 67% for earnings surpassing $250,000 in the year. This establishes Canada as the nation with the world’s highest...

Assets like Bitcoin (CRYPTO: BTC) and tech stocks, including Nvidia (NASDAQ: NVDA), continue to thrive despite the Federal Reserve's aggressive rate hikes. Bitcoin's value has surged after the FTX (CRYPTO: FTT) crypto exchange's significant downfall, and Nvidia's stock is on the...

U.S. President Donald Trump said Monday he is considering a capital gains tax cut to stimulate the U.S. economy. What Happened: In a Monday press briefing, Trump said a capital gains tax cut is on the table after he signed an executive order and memos over the weekend that extended...

The Past Week, In A Nutshell What Happened: Stocks closed the week higher after investors regained optimism regarding a sustained recovery. Remember This: “Earnings season has been very impressive so far, now you can couple that with the employment backdrop quickly improving as well. Not a...

In the U.S. in exchange for investing Opportunity Zones, investors can access capital gains tax incentives available only through these zones. There are a number of pros and cons when investing in these funds. A qualified Opportunity Fund is a U.S. partnership or corporation that intends to invest...

With the start of early filing only days away, anyone planning to submit Internal Revenue Service tax returns for the 2013 tax year at the end of this week should be aware of changes in the tax code for this year. According to the IRS, there are several. New Top Rate If you were fortunate...

First, to be clear, the goal of any savvy taxpayer is not to get a large refund. It is to get no refund – while also owing nothing. In other words, the best outcome is to accurately predict your taxes and have that exact amount withheld over the course of the year, thereby avoiding providing...

According to the proposals of a government committee, the two biggest banks of Switzerland, UBS AG (NYSE: UBS) and Credit Suisse Group AG (NYSE: CS), would be required to hold total capital equivalent to 19% of their risk-weighted assets. The committee was deployed in order to find ways to restrict...