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

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 ...

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 ...

Tax season can feel overwhelming, especially for baby boomers who may be navigating retirement plans, investment portfolios ...

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 ...

Jeff Bezos plans to donate most of his massive fortune. Learn how a legacy-building effort can include estate planning strategies like trusts and charitable giving.

Those considering retiring in Puerto Rico may find the lower cost of living and favorable tax breaks a major advantage in ...

Accelerated depreciation "could be a very cheap way of increasing the housing supply," said Richard Green, a USC professor.

For wealth advisors, understanding federal tax policy isn’t just about staying compliant—it’s about positioning clients for ...