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by Les Raatz | Feb 11, 2019
If property is held by someone at their death, the “basis” in the property used by the seller to determine taxable gain on its sale is re-set to the fair market value at the date of death. Income and capital gain tax rates have...
Read Moreby Elizabeth Brickfield | Oct 23, 2017
The statutory increase of the federal estate/gift transfer tax threshold to over $5.6 million in value per individual (over $11 million for a married couple), the portability of unused exemption amounts on the death of the first...
Read Moreby taxblog | Feb 9, 2017
By: Henry Grix The new administration in Washington, supported by Republican majorities in Congress, has pledged substantial changes to federal tax laws and regulations. One change may – or may not...
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