A record-breaking stock market has again generated significant wealth this year. The gift tax, estate tax and generation-skipping transfer tax are ...

Individuals and businesses alike should take the time to ask and answer some simple questions to ensure their estate and ...

The 2025 transfer tax exemption will remain at a historically high level before being reduced by 50% on January 1, 2026 under ...

as well as the less common generation skipping transfer tax, and 2) income taxes, such as earned income taxes, income taxes on investment or capital gains taxes, which are income taxes on property ...

An overview of Treasury regulation section 26.2642-7 is provided, detailing GST exemption allocation relief request procedures.

A 529 plan can be a valuable tool in estate planning, particularly for families who want to minimize taxes while saving for ...

As 2024 winds down and Americans prepare to celebrate the Thanksgiving holiday, U.S. and international stocks show healthy gains, giving retirement investors reason to cheer. In ...

In particular, NH Bank will use the Fireblocks Tokenization Engine as it explores integrating digital assets into its VAT and other tax refund processes. This also includes its generation-skipping ...

In 2018, as part of the “Trump tax cuts,” the federal estate, gift and generation-skipping transfer (GST) tax exemption was increased to $11,180,000, with annual increases for inflation.

With President Trump’s victory, and Republican control of the Senate and it appears likely the House too, it is unlikely that harsher estate taxes will be imposed on the wealthy in the next four ...

A progressive tax has a tax rate that increases or progresses as taxable income increases. It imposes a lower tax rate on low-income earners and a higher rate on those with higher incomes.