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What you Need to Know about Inheritance Taxes at the Federal and State Level

What you Need to Know about Inheritance Taxes at the Federal and State Level

by cccpa | Dec 8, 2020 | Business Tax, Professional Services, Retirement, Trusts & Estates

Inheritance tax? Estate tax? Death tax? Aren’t these all the same thing? The short answer is no. These terms are often used interchangeably, but have very different implications for the recipient of an inherited asset. An inheritance tax requires certain beneficiaries...

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