Tag Archives: income tax basis

Income Tax & Your Estate Plan

US IRS Internal Revenue Service income tax form 1040 with supporting documents. 3x2 aspect ratio

Is an Income Tax Time Bomb Lurking in Your Estate Plan? The federal estate tax exemption has grown significantly—from $5 million in 2011 to nearly $14 million in 2025. As a result, far fewer families face federal estate tax issues today. But there’s another kind of tax concern that’s increasingly relevant: income tax basis planning. If […]