Location, location, location is not just vital in real estate. Where you live also can have critical tax implications for your taxes, especially for married couples. There are two very different ...

Your taxes are affected by community property laws only if you are married, live in a community property state and are filing separate returns. In most cases, your tax will be less by filing a ...

Residents of states with community property laws or those with assets in community property trusts qualify for a step-up in basis on community property for the surviving spouse. Critics argue that ...