State inheritance taxes can affect heirs even when federal estate taxes are avoided, making careful planning essential.

“ [I]f a person holds property at death, it will receive a new basis equal to the fair market value of the property at the ...

Inheritance laws can be confusing, especially when it comes to how much money stays in your pocket. While some states still ...

Inheritance Funding reports the average estate settlement takes 6-12 months, but debts and disputes can extend the process to ...

Proposition 8 would prevent future legislatures from instituting taxes when an estate or inheritance is transferred, and ...

Automakers are scrambling to unload lingering electric vehicles on dealer lots around the country, now that a $7,500 tax credit that juiced EV sales for years has expired. The EV credit, which expired ...

Households, including 1.25 million on Long Island, must list the refund of up to $400 as income on their federal taxes, the Gothamist reported. They will not be on the hook for a state tax levy. Gov.

"I expected to pay about 15% in capital-gains tax." (Photo subject is a model.) ...

Key steps, taxes and family considerations of inherited property.

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. House Democratic leaders say that President Donald ...

The $7,500 US federal EV tax credit is no more, having expired yesterday, a deadline which was set when republicans voted to reverse climate progress and channel trillions of dollars from everyday ...

Your grandson needs a car, but cannot afford the payments. As a favor, you provide the $25,000 to purchase the car. You tell your grandson to pay you back when he can, but there is no loan document.