Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

In a recent Editorial, Crain's asks if Chicago can afford to grant such tax breaks, but that’s the wrong question, writes Ald ...

The Cook County assessor's final estimates would shift the city's property tax burden slightly in favor of homeowners and ...

Decades ago, I inherited a valuable piece of art, and I’m now considering selling it to finance a grandchild’s graduate degree that will cost $80,000. What do I need to consider in regard to taxes? Do ...

Pets can become taxable at a maximum of 40 per cent if you die within seven years of the gift, with a tapering scale if you ...

My wife's US-based parents have sent money for our child's education. Where is the best place to keep it, and will my wife ...

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 ...

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

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

With Trump now in the White House, and Us crypto legislation set to shift, the future could be bright for the digital tokens.

The IRS officially starts accepting tax returns Monday, and scammers will be ready trying to get your information.