Long-term capital gains tax is applied to investments that have been held for over a year before being sold for a profit.

Millions of Americans file taxes, even though they may not owe anything. Here are the requirements and other good things to ...

Long-term capital gains — that is, on assets held for a year or longer — are taxed at a 0%, 15% or 20% rate, depending on your total taxable income for the year. Those rates are in effect for the 2024 ...

Like it or not, Tax Day is here. Tax Day, the annual day when individual income tax returns are due to the federal government, is Tuesday. Did you procrastinate on filing your taxes again this year?

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a minimum level of tax, regardless of deductions and credits that might otherwise ...

Tax day 2025 is nearly upon us, and millions of Americans will be scrambling to meet Tuesday's midnight filing deadline for federal returns, along with thousands more for Arizona returns. The IRS ...

The cost of home ownership is not what it used to be. Housing prices are up since the pandemic, and these high prices, coupled with high interest rates, are preventing many Americans from buying a ...

Instead of bolstering relief to help families access critical public goods and services, Republicans in Congress are pushing policy changes to help the rich keep or grow their wealth. A fierce tax ...

The Florida Legislature is considering eight bills aimed at reducing or eliminating property taxes. Critics argue that cutting property taxes would lead to a loss of essential community services and ...