Taxes
5 articles
The stepped-up basis loophole is part of the tax code that applies to inherited assets. The rule allows you to avoid capital gains on assets you pass to your heirs, lessening the tax burden on your heirs when they inherit from you. Learn about the stepped-up basis loophole and what it means for you.
Most people never pay the alternative minimum tax, also known as AMT. Only about 0.1% of U.S. households paid the AMT, and the majority of those had income greater than $1 million. Calculating the AMT is complicated — learn the basics of how it works if you believe you may have to pay AMT.
Property taxes are complicated, and sometimes tax assessors overestimate the value of a property and calculate taxes based on an inflated number. Not happy with your property tax bill this year? Use this general overview of the property tax assessment appeals process to prepare and file your appeal.
Virtually every American homeowner pays real estate tax — property tax, in common parlance. Learn how local tax authorities calculate real estate property taxes and how you’re notified about what you owe.
Paying taxes with a credit card isn’t always ideal, but it does make sense for certain taxpayers, especially those who’ve recently signed up for new cards with long 0% APR introductory promotions or generous sign-up bonuses. Read on for suggestions of the best credit cards to use to pay your taxes.
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