Get ready for tax season: the IRS has raised deductions and credits for 2025, with even bigger changes on the way for 2026.
The estate pays estate tax before assets are distributed, while inheritance tax is paid by the beneficiaries who receive the ...
The new year 2026 or straightforward concept. number 2026 written on the road in forest. planning and challenge, business ...
The Death Tax Repeal Act of 2025 represents the latest Republican-led effort to eliminate federal estate and generation-skipping transfer taxes, reigniting a decades-long debate over wealth taxation.
For those who have a gut feeling that the richest Americans are getting richer while the rest of us are getting poorer or just treading water, the evidence is that they are right. Not since the start ...
On July 4, 2025, President Trump signed a new tax law, Section 70106 of H.R. 1, which creates a new $15 million “permanent” federal estate and gift tax exemption, effective for estates of decedents ...
The current tax landscape presents significant opportunities. On July 4, President Donald Trump signed the “One Big Beautiful Bill Act” into law, making many provisions of the Tax Cuts and Jobs Act ...
Many people may feel taxed to death, but it's actually more than that. After you die, there may still be taxes to pay. Death can be a tax-triggering event. And there are two you should be aware of: ...
Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more. When I was a kid, I used to love the ...
The estate tax only applies in select circumstances. But when it does, this tax on the value of a deceased person's estate can result in a sizable bill. If President Trump's tax-and-spending bill is ...