Though most home-sale profit is now tax-free, there are still steps you can take to maximize the tax benefits of selling your home. Learn how to figure your gain, factoring in your cost basis, home improvements and more.
There are many families dealing with the financial impact of 2020 well into 2021. One of the ways the Biden administration is trying to help families across the country is to make early payments on available child tax credits. Is that really beneficial, or should you hold out for 2022 to ...
But don't freak out if you have some money in the markets. For the most part, Biden's looking to get more from really wealthy market mavens who typically pay lower capital gains tax rates on the long-term assets they sell. Collecting billionaires' unrealized capital gains: When you sell...
In the 1990s, political divisions among Americans really began to take hold after Newt Gingrich was selected as Speaker of the House. To ensure his caucus would follow his lead, he threatened to have them “primaried” if they failed to vote as he wished, effectively ending true representation...
“Is it my assessment that’s too high or are my taxes simply too high? Could I sell my house for the assessed value?” If your assessment seems reasonable, but you think your taxes are too high, my recommendation is to go vote at Town Meeting or contact your City Councilmen, and ...
But I think to – as we’re looking at, there’s been a lot of talk of savings plans. We cannot cut critical services to those in need that are going to exacerbate income inequality. And if those decisions are being made or are on the chopping block, we have to use reserves. ...
But many states, cities, and even the White House now also designate today as Indigenous People's Day. If today is a holiday for you, it’s the perfect time to finish up your extended 2023 tax return. You must get the form to the IRS by tomorrow, or at least have the envelope ...
Ramblings in the clash-like freemium game genreIf you look at people's lists of related games, it's like they're picking things at random. Sure, designers will claim anything is a Rogue-like, but that's them trying to sell their game. And sure, most games are sort of like one thin...
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if you are the sole owner of the house after the divorce and you subsequently sell the home, you will be limited in your exemption to a gain of $250,000. If you and your ex-spouse co-own the house after the divorce, and you sell the home subsequently, you will each be entitled to...