The fair market value of the assets is generally used in calculating the gross estate, not the original purchase price or ... while preserving the estate-tax-free assets in the trust.

For shareholders of a company undergoing an acquisition, the QSBS exclusion can result in substantial tax savings. If the stock qualifies for Section 1202 treatment, shareholders can exclude up to 100 ...

For couples getting divorced, tax planning is even more critical, as they face not only the usual filing requirements but also the daunting process of dividing assets — a task fraught with tax ...

These tips offer tips on how to depreciate business assets to minimize tax risks. Is buying equipment tax deductible? Within the same tax year, a company can deduct up to the full purchase price of ...

Investopedia / Jessica Olah Depreciation recapture comes from a straightforward principle: if you claimed tax deductions for an asset based ... and their original purchase price rather than ...