Certificates of deposit are becoming a more attractive savings option thanks to being a low-risk investment with greater earning power as interest rates continue to rise. A CD is a fixed-rate deposit ...
\Recent news stories may have made you aware of the “step-up in basis” and the current administration’s desire to eliminate or adjust it. If you are considering engaging in estate planning or you may ...
Inheriting an asset grants a step-up in basis, setting cost basis to FMV at death, reducing capital gains tax. Controversy surrounds step-up in basis, as it significantly lowers taxes on inherited ...