Step-Up in Basis and Dual Basis Rule: A Guide for the Perplexed

Schedule an Appointment Now When it comes to estate and gift planning, one of the most important tax considerations is the cost basis of assets transferred to someone else—whether by gift or inheritance. The way basis is determined affects how much capital gains tax someone might owe if they later sell the property. Unfortunately, these … Continue reading Step-Up in Basis and Dual Basis Rule: A Guide for the Perplexed