Speculation is mounting that the government may charge inheritance tax on pensions and extend the seven-year gifting rule. So ...

In most cases, Americans will not have to pay taxes on their inheritance. However, Pennsylvania, New Jersey, Nebraska, ...

Unless the inheritance is very large, you won't owe tax on money you inherit. However, other inherited assets—such as securities, retirement accounts, or real estate—can have tax implications.

One of President-elect Trump's most popular election promises was to eliminate taxes on tips for working Americans. Now, Congress is helping him deliver on that promise, FOX Business has learned.

Thousands of grieving families face being charged near-record late payment interest fees on their inheritance tax bills because of probate delays. The number of probate cases taking over a year ...

Andrew Duehren covers tax policy. Scott Bessent, President-elect Donald J. Trump’s Treasury secretary pick, defended tax cuts and tariff increases on Thursday, rebutting accusations from ...

The Internal Revenue Service (IRS) has announced that the 2025 tax filing season will start on January 27, with the deadline for filing federal tax returns set for April 15, 2025. It expects more ...

Farmers in Northumberland have staged a demonstration against controversial plans for an agricultural inheritance tax. A tractor rally made its way through Morpeth towards County Hall, where ...

A Republican House member is reintroducing legislation Wednesday that would eliminate taxes on overtime pay, an idea that has gained momentum among some lawmakers after President-elect Trump ...

Farmers are also concerned about the impact of environmental policies Farmers have been holding a protest against changes to inheritance tax. A convoy of tractors travelled down the A1 in ...

Farmers have been holding a protest against changes to inheritance tax. A convoy of tractors travelled down the A1 in Northumberland before converging on County Hall in Morpeth. Those who took ...

Kathy Hochul of New York proposed slashing the state’s income tax for most residents as part of a sweeping populist agenda that she outlined in her State of the State address on Tuesday.