A Q&A on the potential 2026 estate, gift, and generation-skipping transfer (GST) tax changes and how counsel should approach ...

The cost of inheriting the family farm will increase dramatically at the end of the year if Congress doesn’t take steps to extend the elevated estate tax exemption. American Farm Bureau economists ...

The federal government has declared that the Tax Reform Bill, once enacted, will exempt real estate transactions from Value Added Tax (VAT), a move aimed at reducing the cost of building materials ...

Gifting allows recipients to access the article for free. On a list of the five American urban areas with the highest property taxes, the first four are all in Illinois, according to a new study.

The new tax rate would levy $1.50 per $100 of assessed value for business boats weighing less than 5,000 pounds. That’s a cut from the current personal property tax rate of $5 — the highest in ...

View the Transient Occupancy Tax Table. The City’s TOT tax rate is 12.0%, of which 10.0% goes to the City’s General Fund and the remaining 2.0% goes to the Creeks/Clean Water Fund. For additional ...

Last week, the financial app Chip launched the Chip Easy Access Saver, which has gone to the top of the table ... property being in a single name, rather than as joint owners. Plans to extend ...

A Syracuse Common Council meeting on Monday tabled a number of issues, including a potential city-wide property tax revaluation ... he doesn't think a delay would leave a lot money on the table for ...

according to the IRS 2024 Tax Table. But your situation and deductions could mean you’d need a substantially higher income to owe $7,500. What Is the Credit for Used EVs? New for 2023 was a ...

Changes to inheritance tax announced by the government last year ... to taking money out of your home without having to sell the property. You can take the money you release as a lump sum or ...

When the Tax Reform Bill becomes law, real estate transactions will be exempted from Value Added Tax (VAT), Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms, has assured.