Financial advisors have the opportunity to spur important discussions and bring peace of mind to the uncertainty around the ...

In our new Ask the Editor series, The Kiplinger Tax Letter Editor answers questions related to the tax bill that Congress and ...

During President Trump's first term, he overhauled the tax code with his 2017 Tax Cuts and Jobs Act (TCJA). Many of those ...

There is no federal inheritance tax ... depending on the relationship. Inheritance Tax vs. Estate Tax While an inheritance tax and an estate tax both may apply after someone's death, they are ...

If you just filed or you're racing to meet the 2024 tax return deadline, next year's return might be the last thing on your ...

We are seeing the rise of an oligarchy… And yet here we are talking about dismantling the estate tax, the one tax at the federal level that actually slows this concentration of wealth and power,” said ...

Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are six strategies they use to do that.

The post If Trump Eliminates Income Tax, Buying a House Will Become That Much More Difficult appeared first on Real Estate ...

The lifetime estate tax exemption amount is as high as ever. The estate tax exemption amount rose from $1,000,000 in 2002 to $5,000,000 in 2011.

Avoidance of the estate tax. Assets contributed to a private foundation are excluded from the donor’s estate and not subject to either federal or state estate taxes. Example: If parents have ...