The Latest Breaking News from capital gains

The Responsible Financial Innovation Act introduced by Sens. Cynthia Lummis and Kirstin Gillibrand would exempt cryptocurrencies that are below $200 from capital gains taxes.

Licensed financial adviser Craig Sankey breaks down the tax-free threshold for single age pensioners and discusses capital gains tax on properties.

What Is a Capital Gain in Simple Terms? A capital gain is the positive difference between what an asset was purchased for and what it is currently worth. In other words, it is the amount by which an asset has gone up in value since it was acquired. For instance,…

Good morning, early birds. Prime Minister Scott Morrison doesn’t know whether he will quit politics if he loses the election, and Greens leader Adam Bandt will call on next week’s government to sign US President Joe Biden’s Global Methane Pledge. It’s the news you need to know, with Emma Elsworthy.

If reforms to negative gearing and capital gains tax are a bridge too far, how about tackling supply?

What Is a 401(k) Account?A 401(k) is an employer-sponsored retirement-savings account into which a worker can divert some of their earnings from each paycheck on a pre-tax basis. In other words, an employee’s contributions to their 401(k) account come out of their paycheck but do not count toward ...

Plus: How misinformation spreads, ignoring inflation, and more...

Washington State tax rates and rules for income, sales, property, gas, cigarette, and other taxes that impact residents.

Owning (or buying) a home is expensive. But there are some tax breaks for homeowners that can help you recoup some of those costs.