Estate taxes

A Tax Court case involving the pop legend's estate shows why there are many reasons and justifications for different valuations.

Senate Republicans have a new proposal to end the 'Death Tax.'

Estate tax collections in 2021 hit their highest levels since former President Donald Trump's tax cuts took hold, a stark trend reversal that experts attribute to one-off pandemic factors.

New rules on "portability" mean that a surviving spouse can lock in her deceased partner's exclusion years after exemption levels decrease come 2026.

Yvon Chouinard described his decision to give away the outdoor apparel-maker as his last-ditch effort to do all he could to protect the planet, but the deal is structured in ways that bring his family tax perks.

The IRS and politics — nothing new; AICPA priorities; new blog on the block; and other highlights from our favorite tax bloggers.

The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion until the fifth anniversary of their spouse’s death.

A federal appeals court has affirmed a district court’s decision that gave priority to an Internal Revenue Service levy on a decedent’s estate over the decedent’s children’s rights under Louisiana law.

Corralling social media; federal tax outlook; the cannabis business; and other highlights from our favorite tax bloggers.

Grantor-retained annuity trusts thrive in a volatile stock market. Here are the lucrative tax reasons.

Ending tax-free wealth transfers through the longstanding step-up in basis loophole is among the proposals.

Too many letters; IRS funding, finally; pruning; and other highlights from our favorite tax bloggers.

House Ways and Means Oversight Subcommittee chairman Bill Pascrell, D-New Jersey, is asking the Treasury Department to curb the use of irrevocable grantor trusts by wealthy families to avoid taxes.

Harold Hamm executed one of the largest wealth transfers in U.S. history last week, handing each of his children a stake worth about $2.3 billion in Continental Resources Inc.

Bumps ahead; Airbnb risks; the case for the CTC; and other highlights from our favorite tax bloggers.

Many proposals for tax hikes on the wealthy haven't materialized, leaving investors with trusts, gifts or sales that might now seem hasty — or not.

Just 1,275 families paid $9.3 billion in estate tax in 2020, down from $20 billion from nearly 5,500 families in 2018.

Amid the pandemic, staying informed about life insurance strategies with trusts and estates is critical.

There’s no telling where the vast fortunes hide on tree-softened Phillips Avenue in Sioux Falls.

Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.