Understanding the Stepped-Up Basis: A Tax Advantage for Inherited Assets
At XOA TAX, we often encounter questions about the tax implications of inheriting assets. One key concept that can significantly impact your tax liability is the “stepped-up basis.” This rule allows you to potentially reduce or eliminate capital gains taxes on inherited property. In this blog post, we’ll break down what a stepped-up basis is, […]
Why a Living Trust Might Be Smarter Than a Will (Explained Simply)
Talk to an estate planning attorney to create a living trust that meets your needs.
Tax-Saving Strategies for High-Income Earners in 2024
Maximize your wealth in 2024 by learning proven tax-saving strategies specifically designed for high-income earners, covering everything from tax-advantaged accounts to estate planning.