Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...

Failure to comply with filing requirements can lead to significant consequences, including automatic revocation of tax-exempt ...

Let's say that you're an individual who wants to give money to two people, your son and his wife. Maybe this is to help with a wedding, down payment for a home or building a family. You can likely ...

We want to know how to sign our house over to our son without any tax involvement. Should we just add his name to ours or use ...

The good news is you may avoid paying gift taxes altogether ... though you still have to fill out Form 709.