Real estate can quietly generate one of the largest tax bills most people ever face, because the IRS treats profit on ...

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...

My wife and I have lived in our house for 18 years and have a 15-year-old son together. We're getting divorced and I want to ...

Learn about the ongoing multi-trillion dollar U.S. wealth transfer and how you as a benefactor or heir can make the most of it through estate planning.

The years 2025-2026 mark an inflection point for estate, gift and generation-skipping transfer (GST) planning following enactment of the One ...

The loss of a spouse can lead to higher taxes due to changes in filing status, reduced deductions, and increased Medicare surcharges. Planning ahead can help mitigate the survivor's penalty and reduce ...

This year's planning season arrives amid sweeping tax and regulatory changes that affect income, wealth transfer, business, trust administration ...