Repeal of the NJ Estate Tax – Should married couples update their wills?
Effective January 1, 2018, New Jersey repealed its estate tax. The question […]
Category: Basis
NJ Estate Tax Repeal: How Does This Affect You?
It’s official. According to NJ.com, Governor Christopher Christie has signed a bill to repeal the […]
Requirement of Executors to Report Basis of Assets When Administering an Estate – FollowUp
The IRS has released new regulations that have extended the due date […]
IRS Releases Form 8971 – Executors Now Required to Report Basis of Assets When Administering Estate
For many years the IRS and beneficiaries of estates had a problem […]
Step-Up in Basis Rule — Common Mistakes
When a person sells property, that person has to pay a tax […]
Understanding Basis
If you want to sell an asset, particularly a valuable asset, no […]