You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is ...

As sales of electric vehicles continue to grow in 2025, many new and prospective customers have questions about qualifying for a federal tax credit on EVs. Whether your vehicle qualifies or not is ...

President Donald Trump on Friday said his administration would revoke Harvard University’s tax-exempt status, escalating his fight with the nation’s oldest institution of higher education.

Retirement often evokes images of leisure, but sadly, we must also consider tax planning. And while federal taxes usually dominate the conversation, state taxes, which can significantly impact ...

With key savings coming from cuts to the public service and foreign aid, the Treasurer said the Coalition was offering “a recipe for higher taxes”. “Higher taxes, savage cuts and still ...

The tax treatment of trusts can also mean they're useful for reducing the amount of inheritance tax (IHT) that will be paid. However, the rules around inheritance tax and trusts are complicated, and ...

Languages: English. Earlier this month, Republicans approved a budget resolution that includes trillions of dollars in cuts to both taxes and government spending. Treasury Secretary Scott Bessent ...

I suggest these for an IRA or Roth IRA so they can compound tax-free. The funds adjust their asset mix over time as the shareholder gets closer to retirement, so the investor doesn’t have to ...

We have everything you need to know about tax credits, changes and deadlines, and more. Get the info you need to prep and file your 2024 income tax return. Doing your own taxes? Prepping your ...

Let’s face it: taxes aren’t anyone’s favorite topic. But understanding them — especially in a fast-changing country like India — can actually save you money, time, and unnecessary headaches. Whether ...

IRS calculates interest on late tax payments daily using the federal rate plus 3%. Filing late incurs a 5% monthly penalty, while late payment has a 0.5% per month penalty. Penalties can ...

KUALA LUMPUR – Malaysia is delaying a planned expansion of its sales and service tax, providing a temporary reprieve for manufacturers braced for higher US tariffs. The planned widening of the ...