U.S. recipients from former U.S. citizens or long-term residents ("covered expatriates"). IRS finalized the regulations.

More wealthy Britons are gifting their money to family members, according to tax advisors, following concerns that Rachel ...

Beware Republicans bearing gifts. Republicans want to make the new year a friendlier time for taxpayers by reducing the ...

While you're gathering your tax documents, there are scammers out there who want your money just as much as you do.

The IRS has released new inflation-adjusted figures that can impact your estate and gift planning. These numbers seem like a ...

Helping a child buy a home without triggering Gift Taxes can be a daunting task without some strategic planning.

Gift remittances are allowed under FEMA, and there are no specific restrictions on transferring money from an NRI’s foreign ...

The author states "Taxpayers are always responsible for the accuracy of information reported on their tax returns. The IRS ...

Currently, estates valued over £325,000 are taxed at 40%, a threshold known as the "nil-rate" band, which has remained ...

Inheritance tax (IHT) takings soared to £6.8billion in the eight months from April to December 2024, new figures show. This ...

Downsizing retirees may benefit from tax savings, lower utility bills, and freed-up income. But could a new presidency impact ...