09/28/2026
Did you know you can avoid capital gains taxes when you inherit certain assets? The "step-up in basis" rule could save your family thousands, but not every account qualifies. Find out what you need to know!
https://www.leedsaccounting.com/articles/estate-tax/step-up-in-basis
A step-up in basis can erase capital gains tax on inherited assets—but IRAs and other accounts don't qualify. Here's how it works and what to document.