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You often hear the terms estate tax and inheritance tax used interchangeably, but the two taxes are not the same.
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And the more we know about them as adults the easier our finances become.
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If you're a working american citizen, you most likely have to pay your taxes.
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Sales Tax Problems - Tax and Accountancy - Asesores JR | English Accountants in : And if you're reading this article, you're probably curious to know what exactly you're paying for.. Estate tax is collected by the federal government, while inheritance tax is state imposed. In the united states, federal and state governments need money to provide certain services and benefits that we wouldn't otherwise have access to, from so. 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. As the old adage goes, taxes are a fact of life.
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