Taxes March 25, 2026
State Rep. Tom Young is pushing to exempt Ohioans' capital gains from the state income tax, with the hope of making Ohio a more attractive place to invest and do business.
Taxes March 9, 2026
U.S. Sens. Ted Cruz, R-Texas, and Tim Scott, R-S.C., asked the Treasury Department to cut capital gains taxes on investors—and they claim the move does not need congressional approval.
Taxes March 5, 2026
The analysis of 30,000 U.S. users with moderate trading activity found $435 million in inflated capital gains for the 2025 tax year alone—a 944% overstatement compared to actual gains of $46 million.
Taxes October 17, 2025
The Democratic Illinois governor offered a simple explanation on Oct. 16 for how he took home more than $1.4 million in gambling winnings last year: "I like to play cards."
Taxes September 23, 2025
The IRS issued guidance on Sept. 22 that provides tax relief for farmers and ranchers in every state except for Alaska who sold or exchanged livestock because of "exceptional, extreme, or severe" drought conditions.
Taxes August 11, 2025
The biggest potential beneficiaries are those who have already built considerable wealth through their property, and they mainly come from states where home prices are high and have increased quickly, according to a Redfin report.
Taxes July 25, 2025
Section 1202 provides for a substantial exclusion of gain from federal income taxes when stockholders sell qualified small business stock (QSBS).