The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts and inheritance bequests too late and it will start reviewing the ...

Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. Form 56 serves as a conduit of communication between taxpayers ...

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: ...

1. How long do you have to pay inheritance tax You get just six months, kicking off from the last day of the month after a loved one's death, to add up their assets, calculate what is owed and hand ...

Tax events occur all through your life, and then there's the after life. Yes, death can be a tax-triggering event. And there are two you should be aware of: the estate tax and inheritance tax. Many ...

If you pass away and leave property, money or possessions to a loved one, your estate may owe a tax to the government. While there is no federal inheritance tax, some states do require that some ...