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In comments to the press on Tuesday, President Donald Trump suggested he is considering eliminating capital gains taxes on the sale of homes.
This summer, Missouri became the first state to eliminate capital gains taxes while keeping its state income tax. Maryland is ...
On July 10, 2025, Missouri Gov. Mike Kehoe signed House Bill 594 into law. The legislation eliminates the state tax on capital gains for individuals as of January 1, 2025.
If you’re proactive, there are smart, legal ways to reduce capital gains taxes and keep more of what you’ve built.
President Donald Trump proposed eliminating a tax that made it more expensive for homeowners to sell, which could encourage ...
Investors must be able to free up cash to meet short-term needs from time to time. This strategy will help you access capital ...
Missouri removed its capital gains tax, meaning residents won't have to pay state taxes on profits when selling stocks, ...
Wealthy investors avoid capital gains taxes by using a 351 conversion to transfer profitable assets to an ETF. Here's how the ...
If the sale price were slightly higher, say $520,000, the gain would be $520,000 − $250,000 = $270,000. They could exclude $250,000, but $20,000 would be taxable at their capital gains rate.
Sadly, if you make a gain at any age, you need to pay tax on it. It gets added – minus the 50 per cent discount if you’ve ...