Inherited Assets and Tax – The Burns Firm – Advisors of Complex Financial Matters

Inheriting stock or other assets? You’ll receive a favorable “stepped-up basis”

August 3rd, 2023|Categories: Accountant, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Inheritance, Services, Stepped-up Basis, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Planning, The Burns Firm|Tags: cpa near me, Estate planning, Inherited Assets and Tax, stepped-up basis, tax advisor, Tax planning, Tax. Tax on Inheritance, The Burns Firm|

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. How do the rules work? Under the [...]