In light of the shootings involving Alton Sterling and Philando Castile earlier this week and the tragic shootings that took place during a Black Lives Matter protest in Dallas on Thursday night, ...
Inheriting an asset grants a step-up in basis, setting cost basis to FMV at death, reducing capital gains tax. Controversy surrounds step-up in basis, as it significantly lowers taxes on inherited ...
Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. Many taxpayers created irrevocable trusts and transferred significant ...