Capital gains count as taxable income and can affect your tax bracket, deductions and rates. They are taxed as short-term or long-term gains depending on how long you owned the asset and your total ...

Higher federal income tax brackets and standard deductions will take effect at the beginning of January, potentially giving Americans a chance to increase their take-home pay in 2024 and shield more ...

Both income tax and the goods and services tax have both been reduced this year, costing the exchequer around ₹2.5 lakh crore ...

A Washington state couple’s fight to get a $14,729 tax refund – and the meaning of "income" under the 16 Amendment – made it all the way to the U.S. Supreme Court this week in a case that might upend ...

As part of the Affordable Care Act, known by most as Obamacare, several new taxes were enacted to help fund the program. Among these new taxes is the Net Investment Income Tax that became effective on ...

The Tax Cuts and Jobs Act of 2017 (TCJA) temporarily reduced individual income tax rates, decreasing, for example, the top ...