The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...
Many people may feel taxed to death, but it's actually more than that. After you die, there may still be taxes to pay. Death can be a tax-triggering event. And there are two you should be aware of: ...
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10 states that don't have inheritance taxes
While only a handful of states impose a true inheritance tax, no inheritance tax doesn't mean that heirs get off scot-free.
Government proposals to tax inherited farmland have been watered down, with the planned threshold increasing from £1m to ...
Chancellor Rachel Reeves has confirmed changes to inheritance tax (IHT) at the Budget as part of her tax rise package which aimed to raise £40bn. IHT has been reformed with the chancellor saying she ...
Farmers in Cornwall have said the government's climbdown on inheritance tax has not gone far enough. On Tuesday, the ...
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