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.

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold ...

The IRS has released the new income limits for federal income tax brackets for the tax year 2026. The brackets you fall into ...

The standard deduction is also going to increase for the 2026 tax year, so those high earners who claim the standard deduction will get to subtract more of their money from their taxable income. The ...

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

NEW YORK, Sept 16 (Reuters) - While U.S. corporate taxes and interest rates fell over the past 40 years, the federal deficit soared. Does that mean the federal government is now justified in taking a ...