The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

Martin Lewis has shared a “really big benefit” of marriage, revealing how couples can save £200,000 in inheritance tax.

LINCOLN — State Sen. Rob Clements of Elmwood has pushed during his eight years in office to eliminate the state’s inheritance tax, maintaining that it’s an unfair and outdated tax after ...

Tax advisers are urging wealthy Britons to consider life assurance as a way to reduce inheritance tax and help future ...

Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

FARMERS have been out across the county to engage with the public on the campaign to stop the family farm tax.

The Advertising Standards Authority (ASA) has censured an estate agency over a direct mailing leaflet which featured a property it suggested was on the market with it when it was not. The complainant ...

There is no federal tax on inheritance money Residents in five states are taxed on inheritance 12 states and DC impose estate tax It is simply the taxation on items left to an individual by someone ...

Tax pros report confusion—and maybe some wishful thinking—among clients about whether they still need to file their 1040s and pay their taxes. Yes, you must file. The IRS is open for business ...

Paying a tax professional is also wise if you now receive income from many different sources, have investment losses you need help dealing with, received an inheritance, or settled an estate.

An inheritance tax warning has been issued amid fears the Labour Party government could target the seven-year rule. Families are rushing to pass on wealth amid fears Chancellor Rachel Reeves will ...

A Welsh Labour MP has called his government's plan to introduce inheritance tax on farms as "the straw that broke the camel's back". Montgomeryshire and Glyndŵr MP Steve Witherden said the ...