As far as dying goes, Oregon is a terrible place to do it for those who want to pass down a home, business or life’s savings to loved ones tax-free. Those heirs might have to scramble and sell off ...

The US is suing the estate of a Connecticut man who died in 1997, alleging that a tax liability of about $22 million has ballooned to over $51 million with penalties and interest.

Since tax season spans several months, it's important to note the major deadlines for filing and paying your taxes. While a majority of states adhere to the federal government's timetable ...

Only Maryland has both an inheritance and an estate tax. There is also a federal estate tax, but most estates do not have to pay it. According to the Institute on Taxation and Economic Policy ...

Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy, financial news, real estate ... raises federal income tax brackets ...

In an unusual twist, it could have to pay federal income taxes on those paper gains—even if it never sold a single bitcoin. The tax bill could total billions of dollars starting next year ...

Following the Republican victory in the 2024 election, tax reform and political changes are at the forefront of every accountant's agenda.

according to the IRS, it's a tax "on your right to transfer property at your death." In 2024, the federal estate tax ranges from 18% to 40%, depending on how much the value of the estate exceeds ...

To be sure, the federal government has been reducing its real estate holdings in recent years, dating back to even before the Covid-19 pandemic. In December, the GSA said it was beginning a ...

A proposal to ban formaldehyde in hair straightening products is now in limbo after President Donald Trump signed an executive order pausing all federal regulations. The Food and Drug ...

The federal estate tax exemption has fluctuated significantly over time, reflecting various legislative changes and economic policy priorities. As noted above in relation to a new administration ...

President Donald Trump targeted federal workers in an opening act aimed at exerting political control over a sprawling bureaucracy — putting federal diversity, equity and inclusion employees on ...