Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift ta ...

In certain instances when all available exemptions, exclusions, and thresholds have been met, these transfers are subject to a gift tax. Estate planning is the process of transferring wealth to ...

One of the most sweeping changes to U.S. tax code in modern history could be on the horizon. Now is the time to maximize the ...

You Don't Have to Report Cash Gifts of up to $18,000 a Year Cash gifts can be subject to tax rates that range from 18% to 40%, depending on the size of the gift. The person making the gift is ...

Estate planning is a lot like putting together a puzzle. The client provides you with their box lid showing what they want the ultimate result ...

Gift tax rates range from 18% to 40% based on the size of the gift. However, not all gifts trigger this federal tax. The IRS allows you to give away up to $17,000 ($34,000 for married couples) per ...

When you actively manage your finances and plan for your future, the feeling of personal financial empowerment is justly ...

a $75,000 gift will not trigger the federal gift tax. Using this for a down payment also does not affect the result. A financial advisor with estate planning expertise can help you navigate the ...

At the end of 2025, the federal estate and gift tax exemption will dramatically decrease unless Congress affirmatively passes ...

In a move that wealthier taxpayers and their financial advisors will welcome, the Internal Revenue Service today announced inflation-adjusted increases to both the estate and gift tax exemptions ...

Tradies given gift cards as part of a rebate or discount are being told they probably need to pay tax on them.

Greece announced it will tax wedding gifts, such as glass and plate sets as part of efforts to boost the finance ministry's ...