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As the old adage goes, taxes are a fact of life. If you're getting a refund, the clock starts ticking after you file your taxes. But they do not affect the opinions and recommendations of the authors. Estate tax is collected by the federal government, while inheritance tax is state imposed. And if you're reading this article, you're probably curious to know what exactly you're paying for.
Taxes may not be the most exciting financial topic, but they're definitely important.
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You often hear the terms "estate tax" and "inheritance tax" used interchangeably, but the two taxes are not the same. Their duties ensure that individuals and businesses are paying the correct amount of taxes on time. But they do not affect the opinions and recommendations of the authors. The internal revenue service provides information about typical processing times as well as a way of checkin. Estate tax is collected by the federal government, while inheritance tax is state imposed.
The internal revenue service provides information about typical processing times as well as a way of checkin.
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