IRS tax refunds for deceased loved ones can take over a year to process, causing financial strain for heirs. Here's why and ...

The High Court held that once income is duly recorded in an Income Tax Return, the Tribunal need not examine the source of income in accident claims. Compensation was enhanced by applying correct ...

A bill that would raise the threshold on Oregon's estate tax was discussed by the Senate Revenue Committee on Feb. 18.

As I continue to age so do my clients. As a result of being in business for many years some of my clients are now unfortunately passing away. When this occurs, there are always questions that come up ...

The Jammu & Kashmir High Court held that once the income of a deceased victim is duly proved through Income Tax Returns (ITR), the Insurance Company cannot insist on separate proof of the source ...

The Tribunal ruled that reassessment completed after the taxpayer s death without issuing notice to legal heirs is void ab initio. Legal heirs are not obligated to inform the Revenue about the ...

Families who cope best with inheritance tax (IHT) paperwork are those who plan ahead, say experts. We look at all documents ...

A growing number of retirees have been paying federal tax on their benefits. A new $6,000 per person senior deduction reduce taxes for some seniors, but doesn’t change the way Social Security is taxed ...

Some states have estate taxes with low thresholds that many people can reach. Learn which states have them and how they could ...

Individual taxpayers will get another month to file returns as the National Board of Revenue has pushed the deadline to file ...