The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act adds a new task to the 2025 congressional ...

U.S. farms are closing and consolidating at an alarming rate. The latest Census of Agriculture shows more than 140,000 farms went out of business between 2017 and 2022. Another 20,000 farms have been ...

Washington state recently enacted some changes that may impact married couples and registered domestic partners. Under the new Spousal ...

Smith: The 2017 Tax Cuts and Jobs Act contains provisions that are set to end in 2025, many of which are beneficial to ...

Kennedy was shot and killed June 5, 1968, at the Ambassador Hotel in Los Angeles moments after giving a speech.

Q: I recently read one of your columns and found something I thought may be misleading. When one owner of a property held as ...

The potential impacts of proposed Trump-aligned tax reforms on estate planning means families and advisors must proactively ...

(Bloomberg) “Certain non-U.S. online retailers that compete with the Debtors, such as Temu and Shein, have taken advantage of this exemption and, therefore, have been able to pass significant ...

Maine taxpayers are also subject to estate taxes, ranging from 8% to 12%, with a $7 million per person exclusion. There is, however, no portability between spouses after the first spouse passes away.

Sharon Chung, D-Bloomington, and state Sen. Dave Koehler, D-Peoria, to raise the estate tax exemption for family farms from $4 million to $6 million. Pritzker and Chesney had a brief exchange ...

For a married couple filing jointly in 2025, the annual gift tax exclusion will be double that: $38,000. (2) Estate Tax Exemption. The Federal Estate Tax Exemption did jump to $13,990,000 per ...

Still, taxpayers can claim an exemption on a post office savings account. Here's how. Since the introduction of the new tax regime in the Union Budget 2020, the government has been making it more and ...