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 ...

President Trump has long expressed his desire to repeal the estate tax, but will this become a reality in his second term?

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

There is no deduction for the gift giver and no income tax is due by the receiver. 2. Federal estate tax limit. It was $13.61 million and that has increased to $13.99 million per person or $27.98 ...

Donald Trump has returned to the White House for a second term. During his first, Trump overhauled the tax code with his 2017 ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.

For trusts and estates professionals, the big question is what will happen to the estate tax exemption with President Donald ...

US citizens residing in Europe must consider the potential for estate and inheritance tax exposure by both the European ...