In the U.S., most states charge neither inheritance tax nor estate tax on top of the estate levies paid at federal level. And in only one state in the country is there the potential for a triple ...

An inheritance tax is a levy potentially paid by the recipient of assets inherited from a deceased individual. Just five states have an inheritance tax as of 2025. An inheritance tax is a tax ...

In this world, only death and taxes are guaranteed. And in some cases, not even that: While a majority of states charge income tax and property tax, a handful don't levy sales tax. In some cases ...

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...

Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...

Wealthy individuals often pay less in inheritance taxes than we expect. Learn how tax exemptions, trusts, and legal ...

Tax time is always a stressful one, especially for those who have to contend with a fixed retirement income being taxed as ...

Next up is a big list: the 41 states -- along with Washington, D.C. -- that don't tax Social Security benefits. If you expect much of your retirement income to come from these benefits, you'll be ...

Most states have an income tax, but they don’t all collect them the same way. Alaska is one of the most tax-friendly places to live in the U.S., and is the only state to have no levied sales ...

Recently, residents of high-tax states such as California, New York, Illinois, and New Jersey have been on the move. Specifically, they’ve been flocking to low-tax destinations such as Florida ...

Nebraska lawmakers are considering a bill that would give voters the option to eliminate the state's inheritance tax.

For families looking to build generational wealth, owning a home is often one of the key steps toward creating an asset to ...