The One Big Beautiful Bill Act (OBBBA) updates estate, gift and charitable rules, raises exemptions and adjusts SALT ...
Our guest columnist breaks down new provisions that could have an impact on businesses in Maine, especially those that invest ...
The federal estate tax exemption increased again for 2026. Yet, the higher, IRS-inflation-adjusted number might not come as a surprise to most who have been watching the news. Enacted on July 4, 2025, ...
The One Big Beautiful Bill Act, often nicknamed the “OBBA,” was signed into law in July 2025 and made permanent changes to the federal estate, gift, and generation-skipping transfer (GST) tax ...
For those who have a gut feeling that the richest Americans are getting richer while the rest of us are getting poorer or just treading water, the evidence is that they are right. Not since the start ...
As it stands, only a tiny fraction of America's wealthy are ever subjected to the estate tax. Krisanapong Detraphiphat/Getty Images Nothing is more certain than death and taxes, Benjamin Franklin ...
The federal estate tax affects only about 0.1% of Americans. However, the repeal of that tax could affect all of us. This article addresses what you should know as Congress considers pending estate ...
While the federal estate tax exemption rose to $15 million in 2025, New York’s exemption remains at about $7.16 million, with a “cliff” that heavily taxes estates just above that amount. Proper ...
The SALT deduction also covers more than just your state income taxes. For instance, you can generally deduct state and local ...
How will the new federal budget impact your taxes? Experts analyze the $30 million estate exemption and generation-skipping transfer rules. Update your plan today.
Millions of retirees miss out on tax breaks that can slash their IRS bills — from deductions to underused credits and smarter ...