Despite a three-game losing streak after the bye week, the Bucs are still above .500 at 6-5 and have a half game lead over the Panthers in the NFC South. Tampa Bay returns home for a three-game home ...

The so-called “step-up in basis” rule is a crucial aspect of U.S. tax law that can significantly affect the taxation of inherited assets. This provision, which is codified within the Internal Revenue ...

Inheriting an asset grants a step-up in basis, setting cost basis to FMV at death, reducing capital gains tax. Controversy surrounds step-up in basis, as it significantly lowers taxes on inherited ...

What Is the Step-Up in Basis? The step-up in basis is a tax provision that helps beneficiaries lock in the cost basis of assets at the time they inherit them from a benefactor. Many assets such as ...

A step-up in basis occurs when an appreciated asset is inherited from someone who has died, and the asset's cost basis is adjusted to fair market value as of the date of death. The cost basis of an ...

Estate planning has long been about building and preserving wealth, minimizing taxes and smoothly transferring assets across generations. With the new administration in office, discussions around ...

OMAHA IS LOOKING TO ACHIEVE ONE OF ITS BIGGEST GOALS TO DATE TO HAVE 1000 JOBS IN OMAHA FOR YOUNG INTERNS. THEY HELD THEIR APPLICATION LAUNCH TODAY AND AS KETV NEWSWATCH SEVEN’S WAVERLE MONROE FOUND ...