Taxable brokerage accounts: the best investment option for control freaks Taxable brokerage accounts give you ultimate control of your investment portfolio. Fortune · Dec 11, 2023
Yes, landlords gain from the repeal of interest deductibility rules – but it was a flawed law from the outset The new coalition government has announced a suite of tax reforms, including reintroducing the ability for property investors to deduct the interest costs on their mortgages against their rental income. The Conversation · Dec 8, 2023
11 Reasons to Consider a 1031 Exchange Deferring capital gains taxes might be at the top of the list, but growing your portfolio and your wealth and helping with estate planning are also compelling reasons. Kiplinger · Dec 7, 2023
Capital Gains Tax on Real Estate and Home Sales Selling your home or a rental property? Here are important capital gains tax rules to keep in mind. Kiplinger · Nov 29, 2023
Three Keys to Keeping More of Your Money in Retirement How well you do your tax planning will determine how much of your retirement income you get to keep and how much goes to Uncle Sam. Kiplinger · Nov 17, 2023
Calabresi: The Amar Brief in Moore v. United States Should Not be Embraced Is a Federal Wealth Tax a Direct Tax? Steven Calabresi Responds to the Amar Amicus Brief in Moore. Reason · Nov 16, 2023
Delaware Statutory Trust: A Viable Alternative to Debt Replacement Using a DST would not only meet the debt replacement requirement in a 1031 exchange, but the DST could also help the investor diversify their portfolio. Kiplinger · Nov 13, 2023
Billionaire Amazon founder Jeff Bezos moves to Florida, where his parents live—and capital gains are not taxed The world's third richest person is leaving Washington, home to a new state-wide levy on asset disposals after a legal challenge failed in court this year. Fortune · Nov 3, 2023
Taxes on Wealth and on Unrealized Capital Gains Are Unconstitutional Moore v. United States: The big tax case before SCOTUS this year. Reason · Oct 12, 2023
Union boss piles pressure on Labour after Reeves rules out wealth tax TUC general secretary Paul Nowak calls for national debate about ‘how we tax wealth, not work, in this country’ The Independent UK · Sep 7, 2023
Poverty in Britain is firmly linked to the country’s mountain of private wealth – Labour must address this growing inequality Labour’s shadow chancellor, Rachel Reeves, has said that a Labour government would not raises taxes on wealth, capital gains or higher incomes. She does not, she says, see “the way to prosperity as being through taxation.” The Conversation · Sep 5, 2023
Labour criticised for ‘shameful’ dropping of wealth tax Rachel Reeves said a Labour government would not introduce higher levies on property, capital gains and top earners. The Independent UK · Aug 27, 2023
Understanding the Basics of Investment Taxation and Optimizing Your Returns Here are a few tax implications to consider as you dive into investing. Kiplinger · Aug 24, 2023
1031 Exchange: Do You Know Your ‘Like-Kind’ Options? You might have some misconceptions about what kinds of real estate investments qualify for your 1031 exchange. Read on for a definitive list of your like-kind options. Kiplinger · Aug 24, 2023
Kiplinger · Aug 23, 2023 Are Capital Gains Taxes Headed to the Supreme Court? A conservative think tank wants the U.S. Supreme Court to weigh in on a controversial state capital gains tax.
Kiplinger · Aug 23, 2023 Qualified Opportunity Zones With an Energy Boost The energy sector, where investors can combine qualified opportunity fund perks with oil and gas direct investment tax benefits, is one of the more appealing and lesser-understood QOZ offerings available.
The Guardian - UK · Aug 20, 2023 Earned income taxed twice as heavily as capital gains for some in UK, study finds Thinktank says increasing capital gains tax rates to same as employment tax would raise £10bn extra
Fortune · Jul 19, 2023 Robert F. Kennedy Jr. still boosts Bitcoin, despite alleged conflict of interest, and wants to exempt the cryptocurrency from capital gains taxes The Democratic candidate for president’s family trust holds between $100,000 and $250,000 in the cryptocurrency.
Kiplinger · Jul 19, 2023 How to Optimize Taxes When You Tap Your Retirement Accounts Strategically timing your withdrawals can limit your taxes, maximize your retirement earnings and give you a better chance of not running out of money in retirement.
The Guardian - UK · Jul 18, 2023 ‘Vast’ growth in value of England rentals since 1990 would have built 3m council homes Exclusive: Private rentals have grown £400bn in value – making a mockery of landlords’ demands for tax cuts, say campaigners
The Conversation · Jul 9, 2023 A tax expert's tips on claiming crypto losses on tax, and how to work out capital gains So, you’ve bought crypto. You’re not alone. Though the statistics are inexact, some surveys suggest as many as 21% of Australian adults now own crypto assets (and that a further 8% have owned them in the past).
Barchart · Jul 6, 2023 8 States to Move to With No Capital Gains Tax Taxes can be a blessing and a burden, especially if you're a high earner. So if you're looking to protect your cash, here are the eight states to consider.
Kiplinger · Jul 5, 2023 IRS Quietly Changed the Rules on Your Children’s Inheritance Property, such as your home, held in an irrevocable trust 'that is not included in the taxable estate at death' will no longer receive a step-up in basis. Here’s why the wording of that is key.
Kiplinger · Jun 29, 2023 Tax-Smart Strategies for Capital Gains in 2023 Using 1031 exchanges and qualified opportunity zones to reinvest the proceeds from the sale of an appreciated asset can defer and sometimes eliminate capital gains taxes.
Kiplinger · Jun 26, 2023 Seattle Weighs Another Washington Capital Gains Tax A capital gains tax in Seattle could gain support. Meanwhile, gas prices in Washington state recently rose above California's gas prices.