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If you're ready to rebalance investments or harvest profits, you could shield more earnings from capital gains taxes in 2025. The IRS on Tuesday announced dozens of inflation adjustments for 2025, including long-term capital gains brackets, which apply to assets owned for more than one year. Starting in 2025, there are higher taxable income thresholds for the 0% capital gains bracket, meaning investors can sell more assets without triggering taxes. The 0% capital gains bracket creates a "significant opportunity" for tax planning, according to certified financial planner Neil Krishnaswamy, president of Krishna Wealth Planning in McKinney, Texas. Here's what to know about the 0% long-term capital gains rate for 2025 and how to qualify.
Persons: Neil Krishnaswamy, Krishnaswamy Organizations: IRS, Krishna Wealth, Finance Locations: McKinney , Texas
REUTERS/Nathan FrandinoMOUNTAIN VIEW, California, June 26 (Reuters) - Google parent Alphabet (GOOGL.O) has already tried and failed to bring internet access to rural and remote areas by using high-altitude balloons in the stratosphere. But now, the company is delivering internet service to remote areas by using beams of light. It was initiated in 2016 after attempts at using stratospheric balloons to deliver internet ran into problems due to high costs, company executives said. Taara executives and Bharti Airtel (BRTI.NS), one of India's largest telecommunications and internet providers, told Reuters they are now moving toward larger-scale deployment of the new laser internet technology in India. Bharti Airtel's chief technology officer, Randeep Sekhon, said Taara will also help deliver faster internet service in urban areas in developed countries.
Persons: Nathan, Mahesh Krishnaswamy, Taara, Krishnaswamy, Astro Teller, moonshots, Teller, Bharti, Randeep Sekhon, Jane Lanhee Lee, Nathan Frandino, Kenneth Li, Matthew Lewis Organizations: REUTERS, Bharti Airtel, Reuters, Econet Group, Liquid Telecom, Bluetown, Digicel, Airtel, Sciences, Bharti Airtel's, Google, Thomson Locations: Alphabet's, View , California, U.S, California, India, Australia, Kenya, Fiji, Africa, Pacific, Osur, Chennai, Mountain View
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