death tax

The Man Who Saves CEOs Billions in Taxes

From Adelson to Zuckerberg, CEOs everywhere are using these techniques from estate-planning pioneer Richard Covey to avoid paying billions of dollars in taxes.

Taxes on Big Gifts Slated to Soar

Wealthy Americans are scrambling to transfer some of their riches before the end of the year when gift and estate taxes are set to jump. But be careful, warn the experts: Not everyone who can shift their money to the next generations right now should do it.

Pop Quiz! Who's Winning the Tax Game (and By How Much)?

To get a handle on our nation's economic problems, it helps to start with the facts. But not all of them are as obvious as you'd think, so we're compiling some of the most surprising for our readers. Think you know all the answers? Take our quiz and see.

Tax Compromise: Why Something Was Better Than Nothing

If a compromise by definition is a deal that pleases no one, then the tax deal that cleared Congress Thursday was a rousing success: Conservatives and liberals both dislike it, but those who voted for it agreed that the alternative -- letting taxes rise for everyone -- would have been worse.

Make the Rich Pay Their Fair Share to Balance the Budget

When George W. Bush cut $1.3 trillion in taxes back in 2002, 36.7% of the money went to the top 1% of Americans. If those tax cuts for the wealthiest are allowed to expire, Republicans could get closer to something they claim to want: a balanced budget. So why are they fighting it so hard?

"Death Tax" takes on new meaning

Can you put a price on a life? We tend to think that life is priceless. But as 2010 draws near, with the federal estate tax set to repeal, some...