Tax

Properties with high rental yields and areas dominated by owner-occupiers are likely to catch buyers’ attention following major property tax changes. The abolishment of negative gearing for established dwellings and…

The Los Angeles City Council on Friday approved a plan to spend $544.3 million collected from Measure ULA, the so-called “mansion tax” that levies a transfer tax on L.A. property…

“Given that at least half of the remodeling cost is to accommodate my disabled mother, I’m wondering if some of this may be tax deductible.”

An extension delays paperwork, but not your payment. Settle your estimated bill now to stop daily IRS penalties.

You might expect a tax professional like myself to defend the annual ritual of filing tax returns, but I don’t because it has become a necessary evil that serves almost…

Any potential homebuyer who is struggling to find an affordable home might never imagine that some lucky folks actually could be thinking twice about selling their house because they’d make…

John Howard, creator of the current capital gains tax regime, and wife Janette have recently become bank of mum and dad property investors – and thereby caught up in the…

Nick Maggiulli, the COO of Ritholtz Wealth Management and blog Of Dollars and Data has a pretty informative post Why Taxing the Wealthy is Harder than it Looks. And the…

Guy Lafleur, who passed away in 2022, was my childhood hero. Watching the Flower fly down the wing for the Montreal Canadiens — that mane of blond hair, the goals…

Energy Secretary Chris Wright said the Trump administration is open to suspending the federal gas tax to lower costs for American consumers amid the war in Iran. “All measures that…