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

Gifting Bitcoin in 2025? Learn how the IRS treats crypto gifts, what counts toward the $19,000 exclusion, when to file Form ...

Planning mutual fund capital gains early helps investors reduce tax and avoid last-minute financial year-end stress.

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 ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

As tax season approaches, you might be asking yourself, "Is rental income taxable?" Or, "Do you pay tax when you sell a rental property?" The short answer is that it depends. Rental income is often ...

Penalties for failing to notify HMRC about a capital gains tax liability have doubled in the past two years, according to new figures – and experts have said this could be the “tip of the iceberg”. A ...

This amendment would prohibit the state from imposing a tax on realized or unrealized capital gains on individual, family, estate or trust investments. Recommended vote: For Texas doesn’t impose a ...

The Internal Revenue Service has announced a comprehensive update to the federal tax code, setting the stage for a significant financial landscape shift in 2026. Central to this overhaul are newly ...

WICHITA FALLS, Texas (KAUZ) - Texas elections are approaching fast, and two upcoming constitutional amendments could permanently block certain taxes from ever being created. Propositions 2 and 6 aim ...

Selling a business or piece of real estate can trigger one of the largest tax bills of a person’s life. Whether that bill is for tens of thousands or for millions, sellers should consider ...