What is the Stepped-Up Basis, and Why Does the Biden Administration Want to Eliminate It?

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Last updated 03 Juni 2024
What is the Stepped-Up Basis, and Why Does the Biden Administration Want to  Eliminate It?
The step-up in basis is a provision in tax law that relates to how assets — such as stocks, bonds, or real estate — are valued and taxed after their owner passes away.
What is the Stepped-Up Basis, and Why Does the Biden Administration Want to  Eliminate It?
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What is the Stepped-Up Basis, and Why Does the Biden Administration Want to  Eliminate It?
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