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| | Inheritance tax - Wikipedia, the free encyclopedia |
 | | The tax is also imposed on other transfers of property made as an incident of the death of the owner, such as a transfer of property from an intestate estate or trust, or the payment of certain life insurance benefits or financial account sums to beneficiaries. | | | Life insurance benefits generally form part of the gross estate for tax purposes, if the benefits are payable to the estate, or if the decedent was the owner of the life insurance policy or had any "incidents of ownership" over the life insurance policy. | | | The U.S. federal government imposes an estate tax, calculated as a percentage of the part of the estate that exceeds the current exempted value. |
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http://en.wikipedia.org/wiki/Estate_tax
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| | The Economics of the Estate Tax |
| | During that period, estate taxes were one of the fastest growing sources of revenue, outpacing the growth in total receipts, individual income taxes, payroll taxes, and excise taxes. | | | Of all taxes imposed by the federal government, the estate tax is one of the most harmful to economic growth when measured on a per-dollar-of-revenue-raised basis. | | | Although the estate tax cuts that were passed in 1981 may have had some effect on revenues, these data suggest that a large part of the observed revenue loss was attributable to the 1981-1982 recession. |
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http://www.house.gov/jec/fiscal/tx-grwth/estattax/estattax.htm
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| | Estate and Gift Taxes |
| | For Estate Tax Purposes in years 2006, 2007 and 2008 the Unified Credit is $780,800 and the Applicable Exclusion Amount is $2,000,000. | | | For Estate Tax Purposes in years 2004 and 2005 the Unified Credit is $555,800 and the Applicable Exclusion Amount is $1,500,000. | | | For Estate Tax Purposes in years 2002 and 2003 the Unified Credit is $345,800 and the Applicable Exclusion Amount is $1,000,000. |
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http://www.irs.gov/businesses/small/article/0,,id=98968,00.html
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| | The Kyl Amendment to Lock in Permanent Repeal of The Estate Tax, 2/5/02 |
| | Under last year's tax-cut legislation, the estate tax is repealed at the beginning of 2010, but the repeal expires at the end of that year as part of the general expiration of all provisions of the tax bill. | | | The estate tax is a very progressive tax paid by only by the wealthiest in the country. | | | These Treasury estimates reflect the distribution of the estate tax burden assuming the tax is paid by the estate. |
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http://www.cbpp.org/2-5-02tax.htm
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| | Estate and Gift Taxes |
| | The portion of a decedent's estate passing to a spouse is exempt from tax. | | | The venerable estate tax is the federal government's only tax on accumulated wealth. | | | As a result of the 1997 tax act, the estate tax exemption will be phased up to $1 million—$2 million for couples—by 2006. |
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http://www.ctj.org/html/estbob.htm
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| | Offshore Encyclopedia - Tax Plannning for Large Retirement Plans |
| | Then, the balance is taxed at federal and state income tax rates — this is the IRD concept. | | | Under the tax code, Plans are first taxed at estate tax rates, which run as high as 55%. | | | ECS offers a unique approach to reducing the imbedded tax liability of Plan Assets while maximizing both the amount of money that may be used by you and your heirs. |
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http://www.redseamanagement.com/offshoreencyclopedia/retirementplans.htm
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| | California State Controller's Office - Tax Information - Estate Tax - FAQ |
| | Pursuant to Revenue and Taxation Code Section 13531, estate taxes are due and payable at the date of the decedent's death. | | | Certificates of Payment are not issued for payment of estate taxes. | | | An amended California Estate Tax Return is filed by providing the State Controller's Office with a copy of the amended federal estate tax return and a California Estate Tax Return with the "Amended" box checked. |
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http://www.sco.ca.gov/col/taxinfo/estate/faq/index.shtml
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| | Estate Tax |
| | Your estate will have to pay estate taxes if the net value (gross assets minus debts) when you die is more than the exemption amount set by Congress. | | | The estate includes all property owned by the decedent at the time of death: investments, cash, real estate, vehicles, personal property, life insurance proceeds from policies owned by the decedent within three years of death, life insurance paid to the estate, retirement assets and business interests. | | | If your estate falls under the government exemption your trustee/executor does not have to file an estate tax return (Form 706) and pay the required tax within 9 months of your death. |
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http://www.estateplancenter.com/estate_tax/tax.html
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| | Inheritance and Estate Tax - NJ Taxation |
| | For decedents with a date of death prior to January 1, 2002 the New Jersey Estate Tax was designed to absorb the maximum credit for state death taxes allowable in the Federal estate tax proceeding. | | | New Jersey imposes a transfer Inheritance Tax, at graduated rates, on property having a total value of $500 or more which passes from a decedent to a beneficiary. | | | Information pertaining to the decoupled New Jersey Estate Tax is provided in a separate article entitled Important Provisions and Filing Requirements of the Revised New Jersey Estate Tax. |
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http://www.state.nj.us/treasury/taxation/text/ot7txt.htm
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| | Long Live the Estate Tax! |
| | A reformed estate tax, with wealth exemptions boosted to $3.5 million, would still generate tens of billions of dollars of revenue a year. | | | Populist reformers labored for the three decades before 1916 to pass federal income and estate taxes in order to shift the tax burden, mostly in the form of nineteenth-century tariff duties and excise taxes, off of Midwestern and Southern farm states and onto the wealthy Northeastern states. | | | But cutting $850 billion in revenue in the decade after the tax is phased out--money that would have been collected from the heirs of multimillionaires--will prolong the current fiscal crisis. |
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http://www.thenation.com/doc/20030127/gates
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| | Americans for a Fair Estate Tax |
| | The AFET coalition compiled a set of talking points in preparation for the Senate vote on the estate tax, which did not occur as scheduled because Hurricanes Katrina and Rita resulted in a Congressional legislative shake-up. | | | The coalition is dedicated to preserving the estate tax in some form as a valuable part of the progressive U.S. tax system. | | | Eliminating this tax will cost around $970 billion in lost federal government revenue over the first ten years of full repeal, and will benefit only a very small fraction of the wealthiest individuals in the country. |
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http://www.ombwatch.org/estatetax
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| | FairEconomy.org - Estate Tax Action Center |
| | Elimination of the estate tax will reduce federal revenue by $982 billion over the next 20 years, a serious blow to the Treasury at a time of unknown challenges. | | | Repealing the estate tax would result in multi-million dollar tax cuts to the heirs of America's millionaires and billionaires, concentrating wealth and political power in fewer hands. | | | Repeal of the estate tax would have a devastating impact on charitable giving to colleges, hospitals, museums, land conservancies, and organizations that assist the poor and disadvantaged. |
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http://www.faireconomy.org/estatetax
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| | Florida Forestry Information - Estate Planning |
| | The President's Tax Relief Act of 2001, H.R. 1836, gradually increases the unified credit exemption, while reducing the top estate tax rate between 2002 and 2009, with a 12-month repeal of the estate tax in 2010. | | | Transfer costs include federal and state death taxes, probate expenses, and the cost of managing the estate. | | | Without proper planning, a valuable piece of land in a private estate may trigger an estate tax so large that the land would have to be sold in order to pay the tax. |
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http://www.sfrc.ufl.edu/Extension/ffws/ep.htm
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| | Information on Maryland Estate taxes |
| | The filing requirements for an estate tax return vary depending on when the decedent died. | | | For general information about the federal estate tax or assistance in completing and filing a federal estate tax return, contact the IRS. | | | Form MET-2 ADJ, Application for Refund of Maryland Estate Tax |
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http://individuals.marylandtaxes.com/estatetax
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| | Home > Tax Topics > Court Decision Invalidates Washington's Estate Tax |
| | Now, under Public Law 107-16, the state death tax credit due to the state of Washington is reduced by 25% each year beginning in 2002 and eliminated for deaths occurring on or after January 1, 2005. | | | Class action members are entitled to a refund of tax paid. | | | A state return is required even if no tax is due. |
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http://dor.wa.gov/content/home/TaxTopics/EstateTax.aspx
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| | Dead Wrong - The estate tax doesn't double-dip, and they know it. By Michael Kinsley |
| | Most of the accumulated wealth that is subject to the estate tax was never subject to the income tax. | | | This so-called "stepped-up basis" rule means that when and if Johnson's heirs sell their Viacom stock, they would pay income taxes only on any gain in value since the stock became theirs. | | | The ad declared: "The estate tax is unfair double taxation since taxpayers are taxed twice—once when the money is earned and again when you die." |
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http://www.slate.com/?id=103874
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| | Estate Tax Information & Resources |
| | Inheritance tax planning - estate tax planning. An experienced tax lawyer or trust and estate lawyer is needed to prepare effective tax planning for the distribution of an inheritance | | | Providing experienced and dedicated estate & tax planning, trust and will preparation, and probate services. My practice is devoted to providing comprehensive estate planning and probate services, with an emphasis in avoiding estate taxes and probate&; I am a member of the Oregon State Bar and have passed the Oregon Certified Public Accountants exam. | | | The federal estate tax can consume up to 50% of the assets of a large estate but it can be easily avoided with some advance planning. |
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http://www.online-estate-tax-information.com/estatetax
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| | California State Controller's Office |
| | The State Controller's Office, Bureau of Tax Administration, administers the Estate Tax, Inheritance Tax, and Gift Tax programs for the State of California. | | | The Economic Growth and Tax Relief Reconciliation Act of 2001, phased out the state death tax credit over a four (4) year period beginning January 2002. | | | Effective January 1, 2005, the state death tax credit has been eliminated. |
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http://www.sco.ca.gov/col/taxinfo/estate
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| | CTJ Frequently Asked Questions Menu |
| | Why does the federal payroll tax apply only to the first $72,600 of earned income in 1999? | | | Which states rely most heavily on general sales taxes as a source of revenue? | | | How many states tax groceries under their general sales tax? |
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http://www.ctj.org/html/faq.htm
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| | Maine Revenue Services: Income/Estate Tax - Income/Estate Tax Home |
| | Maine Revenue Services: Income/Estate Tax - Income/Estate Tax Home | | | The Income/Estate Tax Division administers multiple tax programs, listed below, as well as some Tax Relief programs. | | | 2005 Employment Tax Seminar (November 30) schedule and registration [PDF] |
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http://www.state.me.us/revenue/incomeestate/homepage.html
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| | *** Search Results for Real Estate Tax *** |
| | WorldWideWeb Tax is the home of affordable professional tax return preparation and e-filing software. | | | Find real estate tax at one of the best sites the Internet has to offer! | | | Find real estate tax and more at Lycos Search. |
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http://www.1st-bank-foreclosures.com/search/real-estate-tax.html
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| | Estate Tax Index |
| | Estate/Generation Skipping Transfer Tax Forms and Instructions (current year) |
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http://www.tax.state.ny.us/nyshome/etidx.htm
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| | Estate Tax Calculator |
| | Please note: The unified credit is based on the 2001 Tax Bill. | | | After 2010, the calculations revert back to current law, so your unified credit drops from $3.5 million in 2009 to infinite (i.e. | | | no tax) in 2010 back down to $1 million in 2011. |
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http://www.banksite.com/calc/estate
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| | Illinois Attorney General - Estate Tax Downloadable Forms |
| | Estate Tax Instruction Sheet for 2002 and Prior Decedents | | | Select the folder to which you would like to save the PDF | | | Illinois Attorney General - Estate Tax Downloadable Forms |
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http://www.ag.state.il.us/publications/estatetax.html
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| | AllRefer.com - estate tax (Taxation) - Encyclopedia |
| | More articles from AllRefer Reference on estate tax | | | You are here : AllRefer.com > Reference > Encyclopedia > Taxation > estate tax |
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http://reference.allrefer.com/encyclopedia/X/X-estateta.html
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| | The Hartford's Estate Tax Calculator |
| | Without a proper estate plan in place, federal and state taxes could easily consume a large portion of the money and property you leave behind. | | | How Big a Bite Will Taxes Take Out of Your Estate? | | | To find out how large, use this handy Estate Tax Calculator. |
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http://www.thehartford.com/corporate/life/est_calc1.html
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