Most hospital systems in Colorado spent more to benefit their communities than they received in tax breaks in 2022, but state ...

They "skip" the next generation, the grantor's children. The assets avoid estate taxes that would apply if the children directly inherited them because they're only taxed once. Generation-skipping ...

In most of these states, any assets that are bequeathed to a spouse are exempt from inheritance taxes. In some cases, children are also exempt, or they may face lower rates of taxation.

While visiting Flying M Coffee, one of their favorite downtown Boise haunts, Chelsea Gaona-Lincoln pretended to go to the gift shop before returning to her table with Van Beechler-Lincoln carrying a ...

Nearly 400 bills, including the pre-filed, have been introduced to date.

For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

This year will be a pivotal year for tax policy and will have far-reaching consequences for our economy and democracy. It is important that the people understand what is at stake. This Tax Justice and ...

A custodial Roth IRA is a retirement account for minors that allows for tax-free growth. It provides all the benefits of a regular Roth IRA, but it’s geared toward kids and requires an adult to set up ...

The New Definition of Low-Income Families Recently, Senate Bill 2 reported out of the upper chamber’s Education Committee by ...

One of the key updates is the replacement of the term "assessment year" with "tax year”, aiming to simplify taxpayer ...

Tax season can be complicated, and for many people, the biggest concern on April 15 each year is not just how much they owe, but how long they have to pay. After all, millions of Americans find ...