Selling your home can have tax consequences if its value has gone up. The IRS offers an exemption that lets you exclude some of the profit from capital gains tax when selling your primary residence, ...

As high-tax states find more ways to tax the well-off, more Americans are looking to relocate to seemingly lower-tax climes. Keep in mind, however, that in states with no or low income tax you may pay ...

Expatriate advocacy groups are applauding legislation introduced this week that would implement a residence-based taxation system for U.S. citizens living overseas. Processing Content Rep. Darin ...

Some states with a lot of commuters have reciprocity agreements, so you’re only taxed in your state of residence. Some states tax nonresidents who physically work within their borders, but they may ...

Two people earning an identical paycheck can finish the year with very different bank balances, and the reason surprises most households every April. A new advisory from Wells Fargo points to a quiet ...

Add Yahoo as a preferred source to see more of our stories on Google. Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury ...

When you bought your second home you likely had a vision for it. Your vacation home was meant to be a place of relaxation, your rental property, an investment. But if you don’t have an estate plan in ...