In 2024, the federal estate tax ranges from 18% to 40%, depending on how much the value of the estate exceeds the current exemption limit of $13.61 million. In addition to the federal tax ...

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

The federal estate and gift tax exemption changes from year to year. The current combined federal estate and gift tax exemption amount of $13.99 million per person ($27.98 million per married ...

Death and taxes. They are often called the only two certainties in life. Yet for countless family-held businesses, these ...

Even if your salary didn't change, you might have dropped into a lower tax bracket in 2025, reducing your tax rate. So you ...

The 2025 tax season got underway this week as the Internal Revenue Service began accepting 2024 tax returns. Those who are planning their 2025 tax strategy ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...