“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

State Sen. Rob Clements of Elmwood has pushed during his eight years in office to eliminate the state’s inheritance tax, ...

Gov. Wes Moore (D) on Wednesday, in this third State of the State address, laid out challenges being faced by state he said ...

Death and taxes. They are often called the only two certainties in life. Yet for countless family-held businesses, these ...

It can be easy to overlook, but an estate plan is essential for nearly everyone, whether you have a lot of money or just a ...

Maryland Gov. Wes Moore, in his third State of the State address, said the “easy decisions are done” in confronting the state ...

Inheritance is only taxed if the individual who died was residing in one of the five aforementioned states. If the heir lived ...

Wes Moore (D) on Tuesday announced a plan to raise income tax ... end the inheritance tax. Moore’s plan would not raise sales tax or property taxes, he said. The tax plan comes as state leaders ...

Several states don’t tax Social Security benefits, 401(k)s, IRAs, and pensions. But you may still have to pay state taxes on ...

If you have any assets to pass on after you die, be they physical ones like property and other possessions, or cash-based, ...

The latest study from WalletHub comparing 46 key metrics across all 50 states reveals that Florida maintains its reputation ...

Trump blamed the Biden and Obama administrations' diversity, equity and inclusion (DEI) policies for the crash, eliciting a ...