Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.

New tax brackets released by the Internal Revenue Service mean that if you get a raise next year, there’s a chance your tax ...

The amount of tax you pay next year could be changing after the Internal Revenue Service made inflation adjustments and ...

Business leaders have warned the levy on seven-figure incomes could spark a wealth exodus, though many high-earners and ...

Significant changes are coming for retirement savers, especially those earning more than $145,000 a year. The Internal ...

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...

The Internal Revenue Service has announced a comprehensive update to the federal tax code, setting the stage for a ...

At the end of 2024 the IRS announced the new income tax brackets for 2025, allowing people to plan ahead for their 2025 ...

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Some states continue to hand out huge tax cuts to millionaires. The five largest tax cuts this year will cost states a total ...