However, our opinions are our own. See how we rate tax products to write unbiased product reviews. Federal gift tax may apply when someone gives a gift — of cash or any other type of property ...

The good news is that the Internal Revenue Code provides methods for those seeking to transfer wealth to their loved ones while minimizing tax liabilities through the Federal annual gift tax ...

Are you considering giving cash or property to loved ones or others in 2024 or next year, in 2025? Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns.

The federal estate and gift tax exemption changes from year to year. The current combined federal estate and gift tax exemption amount of ...

Gift tax is a federal tax on the transfer of money or property to another person. Because of annual and lifetime limits, few people end up owing it. Many, or all, of the products featured on this ...

What the updates to the Gift Tax Annual Exclusion, Unified Credit Amount and GST Tax Exemption may mean for clients.

The author writes "This year, estate planning practitioners have significant opportunities for estate tax savings for our ...