He wants to do this by changing the tax rules that allow a "step up" in basis on inherited property. This proposal, along with others designed to increase taxes on the wealthy, is included in ...

Calculating depreciation involves determining the property’s basis and applying the right method. Depreciation must be reported to the Internal Revenue Service (IRS) on Schedule E. Depreciation ...

I lived in the house for 25 years and lost everything. I thought there may be a silver lining with tax deductions. Much to my ...

Inverse condemnation is a legal theory that is not common in the subrogation industry. However, when dealing with a loss ...