Your home sale is likely tax-free. But in the event that it’s not, follow this guide to short and long-term capital gains tax brackets.
The capital gains tax rate applies only to profits from the sale of assets held for more than a year. This is referred to aslong-term capital gains. The current rates are 0%, 15%, or 20% as of 2025 depending on the taxpayer's tax bracket for that year although gains on collectibles...
Cybercrimes generally do not occur in a vacuum; they are, in many ways, distributed in nature. That is, cybercriminals typically rely on other actors to complete the crime. This is whether it's the creator of malware using thedark webto sell code, the distributor of illegal pharmaceuticals ...
Some public programs have eligibility and implementation rules that create barriers to participation or disparities in spending. Others are underfunded relative to the scale of the need. We illustrate these issues by analyzing a limited set of spending areas that provide citize...
There are still seven marginal tax rates with higher income bracket limits in 2024 to account for inflation. Estates of people who died during 2024 have a basic exemption amount of $13.61 million. Tax Brackets and Marginal Rates There are sevenmarginal tax ratesat the federal level: 10%, 12...
Given their frequent trading of securities,day tradersmay want to pay particular attention to wash-sale rules, since they’re apt to run into the issue. Are wash sales illegal and what are the penalties? It’s worth noting that it’s not illegal to make a wash sale. However, it is ill...
(thanks to the child’s Standard Deduction) and the next $1,300 is taxed at the child's own rate (probably 10 percent). Any additional investment income at the tax rates used for trusts—as high as 37 percent. Under current rules, the kiddie tax applies until the year a child turns ...
Private capital markets are distinct from public markets mainly because they involve private transactions between investors and companies, rather than trading through public exchanges. This exclusivity allows for more flexibility in investment terms, longer time horizons, and the ability to invest in non...
Finally,commodity ETFshave very different tax implications depending on how the fund is structured. There are three types of fund structures and they includegrantor trusts,limited partnerships(LP) andexchange-traded notes(ETNs). Each of these structures have different tax rules. For example, if you...
The SEC consists of five divisions and 23 offices.5Their goals are to interpret andenforce securities laws, issue new rules, oversee securities institutions, and coordinate regulations among different parts of the government. The five divisions and their roles are as follows: ...