Long-term capital gains tax is applied to investments that have been held for over a year before being sold for a profit.
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IRS announces income brackets and tax rates for 2026
Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
Treasury Secretary Scott Bessent said that American households could receive substantial $1,000-$2,000 tax refunds in early ...
This bonus will come in addition to the existing extra standard deduction for seniors, which the IRS has increased as part of ...
This suggestion stands in stark contrast to the effects of the major legislative Republican tax bill enacted in July.
Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...
States must now decide whether to participate, with their decisions determining the federal credit’s availability to ...
Points paid as upfront interest are deductible as mortgage interest. If the points are not for prepaid interest, then they ...
The Clinton County Commissioners will consider an update to its ordinance regarding the distribution of Hotel Tax Funding, ...
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