SYRACUSE, NY - Families settling estates in New York face strict filing deadlines and significant penalties for late or ...

There are steps people can take to avoid prolonged waits for a deceased loved one’s tax refund.

Summary — In Estate of Rowland v. Commissioner, the Tax Court held that estate tax returns filed solely to elect portability must still be complete and properly prepared. Even when no estate tax is ...

An Ohio businessman’s heirs are facing $1.5 million in additional estate taxes after a paperwork error disqualified them from a key tax break for married couples ...

The portability of the lifetime estate and gift tax exemption amount between spouses was introduced in the 2010 tax law. But details of portability aren’t well-known, and misunderstandings can cost an ...