T4 slips do not apply to self-employed individuals ... This can eliminate or reduce the tax on the capital gain from the sale. In order to claim the principal residence exemption, you have to report ...

Those long-term capital gains could play a big role in your retirement finances — and a positive one. But it's important to ...

The new transportation budget pushes the state gas tax up by 6 cents per gallon for regular fuel and 12 cents for diesel starting July 1. That will raise the gas tax from 49.4 to 55.4 cents per gallon ...

Getty Images, Chris Hondros / Staff Both capital gains and dividend income are sources of profit for shareholders and create potential tax liabilities for investors. Here's a look at the ...

Discover the potential impact of Trump's proposed Section 899 tax changes targeting foreign taxes like UTPR, DSTs, and DPTs.

U.S. generally accepted accounting principles provide differing treatments of unrealized capital gains and losses on the balance sheet, depending on the nature of the security, the size of the ...

You need to figure your capital gain or loss when you sell such investments. The Internal Revenue Service allows three ways to determine the cost basis of the shares you sell: first in ...

Sec. 541 imposes a 20% tax on the undistributed personal holding company income of a personal holding company. Initially ...

Recent final regulations offer guidance as to what Treasury and the IRS may consider an eligible method for partnerships and Sec. 987 QBUs held by partnerships to determine Sec. 987 gain or loss.

Trump’s “One Big Beautiful Bill Act,” if enshrined into law, could transform the current trade conflict into a capital war, ...

Discover strategies for income growth and stability with insights into dividend growth, market timing, and smart investments ...

Commissions do not affect our editors' opinions or evaluations. Capital One finalized its acquisition of Discover on May 18, combining two major players in consumer banking. While most customer ...