The IRS has released new inflation-adjusted figures that can impact your estate and gift planning. These numbers seem like a ...
For many Americans, offering a $60,000 gift to pay for a child’s wedding probably isn’t something to worry about from a tax ...
Gift tax rates range from 18% to 40% based on the size of the gift. However, not all gifts trigger this federal tax. In 2025, the IRS allows you to give away up to $19,000 ($38,000 for married ...
The question is, will you owe gift taxes because of your generous gesture? Despite popular framing, the federal gift and estate taxes only apply to very wealthy households. Unless you have ...
U.S. recipients from former U.S. citizens or long-term residents ("covered expatriates"). IRS finalized the regulations.
The federal estate and gift tax exemption changes from year to year. The current combined federal estate and gift tax exemption amount of ...
For trusts and estates professionals, the big question is what will happen to the estate tax exemption with President Donald ...
The author writes "This year, estate planning practitioners have significant opportunities for estate tax savings for our ...
You may fund a health savings account (HSA) with a high-deductible health insurance policy. Contributions to an HSA are ...