A key rule is that the giver is responsible for any tax, not the recipient. But most people never owe any gift tax because of ...
Michael and Susan Dell’s donation made news for a lot of reasons. Here’s what you need to know about private foundations, ...
Imagine you have $50,000 to give to your daughter and her husband for a down payment on their new home. The question is, will ...
If education is a priority, a 529 plan is a powerful way to help. The IRS allows you to “front-load” five years’ worth of annual exclusion gifts into a single year — up to $95,000 per donor in 2025.
Gift baskets on holidays, or other small tokens given infrequently and valued at under $100, are generally acceptable and meet the de minimis definition. Cash or gift cards are considered taxable ...
Estate and gift tax rules are shifting quickly, and the window to lock in today's generous exemptions is closing as the 2026 ...
The 2025 tax landscape has changed due to the GOP tax and spending law, referred to by some as the “big, beautiful bill,” signed by President Trump on July 4, 2025. This multibillion-dollar ...
More than half of households blasted death duties as unfair, more so than capital gains tax, alcohol duty and income tax.