07/17/2026
Inherited Stock Resets Its Tax Bill to Zero and Here’s the IRS Rule That Does It
If you’ve ever inherited a stock portfolio, a rental property, or even a single share of grandma’s old utility company, the IRS hands you a quiet gift most heirs never notice. It’s called the step-up in basis, and it can wipe out decades of capital gains tax in a single moment. The rule resets...