This is necessary to support the increase to the Lifetime Capital Gains Exemption (LCGE) limit to $1.25 million, effective June 25, 2024. Separate reporting for Period 1 and Period 2 may also be ...

The Section 121 Exclusion lets taxpayers exclude up to $250,000 of the gain from the sale. A couple filing jointly can ...

Failing to plan for taxes can eat into your profits and leave you with far less than expected when you finally cash in on an ...

Gold has appreciated dramatically in recent years. This spring, the price of gold has hit a few record highs over $3,000 per ...

For investors, business owners and high-net-worth individuals, capital gains tax can be one of the most significant barriers to wealth preservation. Every time you sell a highly appreciated asset ...

Reinvesting capital gains is more than just a tick box on a form your broker gives you. Read on to learn how reinvestment ...

Capital gains tax on stocks can cut into your profits. Find out what to expect for 2024-2025 and how to reduce what you owe.

1:50 Poilievre pledges to reverse Liberals’ capital gains tax changes if elected Days before he’s expected to call a federal election, Prime Minister Mark Carney is confirming he won’t move ...

RRSP contributions can reduce capital gains tax. How does that work, and when might a different tax strategy be a better option? When you sell an investment that isn’t tax-sheltered for a profit ...

and state tax revenues through three-quarters of the budget year are running $786 million ahead of benchmark, primarily driven by surtax and capital gains tax collections. The Department of Revenue ...