Why The Stepped-Up Basis Must Be Preserved For Our Children

8:34 AM

The stepped-up basis for our children is under attack. The Biden administration wants to either abolish the stepped-up basis altogether or alter it to generate more tax dollars. The stepped-up basis is a way of adjusting the tax rate paid on capital gains, which may be hiked for those who make over $1 million in

The post Why The Stepped-Up Basis Must Be Preserved For Our Children appeared first on Financial Samurai.



from Financial Samurai


via Finance Xpress

You Might Also Like

0 comments

Popular Posts

Like us on Facebook

Flickr Images