A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

It is becoming increasingly commonplace for people to enter long-term romantic relationships without legally marrying. While there are no ...

Money Makeover: our reader is concerned his personal sacrifices aren’t enough to shield his wealth ...

After a younger brother is left out of an aunt's will, his siblings want to share the money they inherited, but wonder if ...

Taxpayers should give consideration to the form in which they make charitable donations. They might deliver more benefits to ...

When it comes to donating stocks, the key to maximizing the tax advantages comes down to whether or not your investment is ...

My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know most states don’t have inheritance taxes, but since he won’t technically be ...

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

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...