You often hear the terms "estate tax" and "inheritance tax" used interchangeably, but the two taxes are not the same. Estate tax is collected by the Federal Government, while inher...

As the old adage goes, taxes are a fact of life. And the more we know about them as adults the easier our finances become. There are many things to learn to become an expert (this ...

Pennsylvania collects inheritance tax when property is left to people who weren’t closely related to the deceased person. By Mary Randolph, J.D. Pennsylvania collects an inheritanc...

Inheritance tax on the Individual Retirement Accounts of a Pennsylvania decedent depends on the owner's age at the time of death and who inherits the IRA. A spouse inheriting the I...

If you're having trouble gathering all of your financial documents by the April 15th filing deadline, you'll need to file your taxes late. You can obtain a six-month extension by f...

This provides guidance to taxpayers on where to locate assistance with completing returns, to ensure compliance with rules and reduce possible errors. An official website of the Un...

Maryland collects an inheritance tax when certain recipients inherit property from someone who lived in Maryland or owned property there. Maryland collects an inheritance tax when ...

New Jersey is one of only a few states that impose both an inheritance tax and a state estate tax. New Jersey is one of only a few states that impose both an inheritance tax and a ...

Inheritance tax is also known as an estate tax or death tax. Find out why a grieving family has to pay an inheritance tax. Advertisement Benjamin Franklin once wrote, "In this worl...

Inheritance, or estate, taxes can be very complex. Issues such as splitting or proper deductions can be difficult and can cause problems if not dealt with properly. An inheritance ...