Maryland is the only state with both an inheritance tax and an estate tax. Maryland’s politicians claim that by eliminating the inheritance tax and reducing the exemption for the estate tax from $5 ...

Navigating the complexities of state taxes can be daunting, but understanding Maryland's tax landscape is essential for residents and newcomers alike. In this guide, we'll explore key components of ...

For many Americans, the only estate tax, or "death tax," they are aware of is at the federal level. When reading that the federal exemption rose to $13.99 million this year, and coupling that with the ...

An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...

Now there is a new and updated guide to assist people who transfer or finance real estate in Maryland through the maze of recordation and transfer taxes. Maryland recording taxes are complicated.