Have A Question About This Topic?
Related Content

What To Do When Your Income Reaches 7 Figures
Preserve your high net worth with these foundational tips.

Tax Deductions You Won't Believe
Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative.

Understanding the Alternate Valuation Date
Executors can value the estate on the date of death, or on its six-month anniversary —the “Alternate Valuation Date."