You received a big check from your loved one's life insurance policy. Will the IRS be expecting a check from you now?

When beneficiaries receive a payout from a life insurance policy, they typically don't have to pay taxes. However, there are a few situations where a portion of the life insurance benefit is taxable ...

A life insurance death benefit is paid tax-free and there are tax-advantaged ways to access cash value Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance ...

In a unanimous decision, the Supreme Court ruled for the IRS and against a taxpayer arguing that life insurance proceeds reduced the value of a family business for estate tax purposes. In the life ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...

In a landmark decision earlier this year, the Supreme Court addressed a crucial issue regarding the valuation of shares in closely held corporations for federal estate tax purposes. Michael and Thomas ...