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

Sorting tax bills and finding and filling out the right forms can be a challenge for those who rarely have cause to do so ...

It's often said that buying a house is one of the best investments you can make. And, just like any investment, it comes with tax issues. With an investment like stocks or bonds, the profit you make ...

Subdividing land can boost property value but may trigger capital gains tax (CGT) when sold. Learn how CGT applies, key exemptions, and ways to reduce your tax liability.

For many landlords, the aim of reducing or clearing debt feels like the natural next step. After years of toil and layers of ...

The public will not find out until after the election how the party plans to handle the thousands of property valuations needed for its new tax policy.

My father purchased a plot in 2016 for Rs 50,65,000. I inherited the property as his sole heir and constructed a house. I am ...

ITAT Mumbai gives full tax exemption to mother-in-law and son-in-law after they sold two Mumbai properties for Rs 4 crore ...

We jointly own our old home after a disaster when buyers pulled out and we took a bridging loan to buy our next house. We let ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Kathleen Elkins Every time Kathleen publishes a story, you’ll get an alert straight to your ...

Labour said the tax rate would be 28% to align with the corporate rate, so that property transactions are taxed like other business activities. It would apply at the sale of an asset and be charged on ...

Capital gains taxes are levied on profits from the sale of assets like stocks, mutual funds, and real estate. The rate at which these gains are taxed depends on your taxable income and how long you've ...