More than 200 House and Senate Republicans are backing a bill to repeal the federal estate tax just as congressional ...

Republican lawmakers are working to nix the federal inheritance tax, otherwise known as the "death tax." According to Fox ...

Rep. Randy Feenstra, an Iowa Republican, is leading more than 170 House Republicans who have signed on his legislation. the "Death Tax Repeal Act," which was introduced yesterday, Fox News reported.

If the benefactor dies with a will, the responsible party assigned will file the return and pay the taxes. However, if no ...

Inheritance taxes are imposed on items left to an individual ... They are enforced before the recipient receives the assets. A federal estate tax is enforced if the value of the assets is greater ...

It is becoming increasingly commonplace for people to enter long-term romantic relationships without legally marrying. While there are no ...

Nebraska lawmakers will consider replacing the state's sliding inheritance tax rate with a 1% across-the-board rate under a ...

Over 150,000 households could face Inheritance Tax after the changes announced in the Budget are implemented. According to official data from the Office for Budget Responsibility (OBR), 153,000 ...

Inheritance is only taxed if the deceased individual resided in one of the five aforementioned states. Therefore, if the heir ...