What is death tax?
The Bankrate.com financial term of the day is: "death tax."
"Death tax" is slang for the federal estate tax; it's a term that was coined by detractors of the tax. They dismiss it as a tax on death and a sign of a tax system run amok. The tax is levied on property left by an owner who has died. Estates below a certain threshold are exempt from the estate tax.
Critics say the two fabled certainties of life -- death and taxes -- intersect in the federal estate tax, which they call the death tax.
For answers to all of your tax questions, visit the Taxes section at Bankrate.com.
The IRS offers several ways to pay your tax tab electronically.
How the charity uses the vehicle you donate affects your deduction.
As the year winds down, tax planning is a must on the to-do list. Here are a few things to keep in mind.
Start gathering all your paperwork for the tax season.
The April 15 deadline is nearing, so pay attention to these last-minute tips.
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