In many cases, the cost of debt is lower than the cost of equity. Interest payments on debt are tax-deductible, which can significantly reduce the effective cost of borrowing. In contrast ...
Debt mutual funds ... The changes include raising the tax rate on long-term capital gains on equity from 10 per cent to 12.5 per cent. The tax rate on short-term capital gains on equity was ...
But if your student loan debt was wiped out last year, you might be on the hook for paying taxes on your forgiven debt. This story is part of Taxes 2024, CNET's coverage of the best tax software ...