Here’s how to reduce your capital gains tax bill after selling a home

Witthaya Prasongsin | Moment | Getty Images Despite a slump in U.S. home sales, many homeowners made a profit selling property in 2023. Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say. In 2023, home sellers made a $121,000 profit on the typical median-priced single-family home, … Read more

The 30% Solution: Gains from Trade

The 2022, total US exports of goods and services were $3 trillion, while imports were $3.9 trillion. This overall trade provides benefits to the economy: sellers who have access to global markets (ask a farmer!), buyers who have greater access to products with the price/quality mix they prefer, and heightened competitive pressures on domestic producers … Read more

Beware capital gains tax exemption myths for a principal residence

Breadcrumb Trail Links Taxes Personal Finance Kim Moody: Exemption is one of the most misunderstood tax provisions in the Income Tax Act Published Dec 12, 2023  •  Last updated Dec 12, 2023  •  5 minute read The principal residence exemption eliminated taxation on any capital gains realized on the disposition of a housing unit and … Read more

EV Stocks in Play – NIO Inc. (NYSE: NIO) gains as Smart Electric Executive Flagship ET9 Unveiled

December 26, 2023 ( Newswire), – stocks in play commentary: NIO Inc. (NYSE:NIO) is currently trading at $9.23+0.81 (+9.56%) with a day’s high of $9.27 on news of its Smart Electric Executive Flagship ET9 Unveiled At NIO Day 2023, NIO ET9, a smart electric executive flagship, officially made its debut. Smart EVs have reached … Read more

Gold Gets Post-Fed Boost, Uranium Import Ban Gains Traction

Gold took off this week, passing US$2,000 per ounce after the US Federal Reserve’s final meeting of the year. It rose as high as US$2,043.13 on Thursday (December 14), and was at US$2,018.42 by midday Friday (December 15). Although the central bank’s decision to hold interest rates steady at 5.25 to 5.5 percent was widely … Read more