IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...

How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can give your son and daughter-in-law each $17,000 without having to deal with ...

Most people would be thrilled to have a home in their lap at a steep discount. For some Gen Zs and millennials, that’s ...

They’re also unlikely to owe capital gains on the sale portion, as any gain should fall below the $500,000 exclusion for ...

Estate planning isn’t a one-time event — it’s a moving target. With gift and estate tax laws in flux and even “permanent” reforms often lasting no more than a decade or an administration, families are ...

Since the One Big Beautiful Bill Act became law in July, there's been much discussion in wealth management about how its provisions will affect tax planning for clients. On the estate planning front, ...

The Denver Broncos have an exceptional defense — one which will give the Buffalo Bills plenty of looks and trouble.

Three of the top five deadliest countries for Christians were in Africa, which remains the epicenter of systemic violence ...

It is very rare for an ordinary household to owe money on gifts. The gift tax has a somewhat complicated two-tier structure.

The idea of incorporating community service into India's penal policy predates its statutory introduction. The Indian Penal Code (Amendment) Bill, 1978 proposed inserting Section 74A to formally ...

Background Azithromycin mass drug administration (MDA) to ages 1–59 months can reduce childhood mortality; however, more ...

Parents who put money into their children’s “Trump Accounts” might face a headache come tax time: Even the smallest contributions may require them to fill out a little-used gift tax form that can take ...