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What is Step-Up Basis?
Ask Ralph - Christian Finance
English - October 04, 2018 14:00 - 9 minutes - 7.9 MB - ★★★★ - 7 ratingsBusiness News finance financialadvice accounting advice business education lifeadvice money planning tax Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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A step-up in basis can be a very good thing at tax time. The term relates to capital gains tax and can save you considerable money should you ever decide to sell an asset or property that you've inherited. On today's show, Ralph gives the run-down on step-up basis to save you tax dollars come tax season.
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