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...

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 ...

An inheritance tax waiver is form that may be required when a deceased person's shares will be transferred to another person. Whether the form is needed de An inheritance tax waive...

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 ...

Individual income taxes are the primary source of revenue that funds the operation of the federal government. The Internal Revenue Service is the federal agency charged with collec...

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 ...

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...

Under exceptional circumstances, you can apply to the CRA to have income tax penalties or interest reduced or canceled. The best way to not have to pay tax penalties or interest to...