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.
As the year winds down, tax planning is a must on the to-do list. Here are a few things to keep in mind.
How the charity uses the vehicle you donate affects your deduction.
The April 15 deadline is nearing, so pay attention to these last-minute tips.
Running late? Here's how to apply for a tax-filing extension.
The IRS offers several ways to pay your tax tab electronically.
Need help paying for college? Try these savvy, nontraditional ways to save money.
Not all items at dollar stores are good deals. But here are five finds that can be bargains.
Trim the fat around your grocery budget with these money-saving tips.
Looking for peace of mind in a rate or are you tempted by a lower rate in the beginning?
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
Get cost-cutting tips for buying, selling and maintaining your wheels. Delivered monthly.
Consumer Reports recently found counterfeit tires that had been imported to the U.S. -- and they performed poorly.
... Read more