As Senate Republicans eye the finish line on President Donald Trump’s massive tax and immigration proposal, there may be one more obstacle standing in the way of what they hope to be era-defining ...

However, for wealthy heirs of property inherited from a deceased person, taxes might increase from January 2026.

Congress is moving toward passing the centerpiece of President Donald Trump’s tax and spending agenda - but that doesn’t mean all Republicans agree on some of its most crucial components.

Gifting funds in retirement , when done strategically, can support loved ones and meaningful causes without jeopardizing long ...

In 2017, a Republican-controlled House and Senate passed the landmark Tax Cuts and Jobs Act. The TCJA more than doubled the ...

Wealthy families are coming to the end of a rare opportunity to move millions out of their estate -- without owing a dime in federal taxes. Find out the details.

You can give up to the annual limit to each recipient without filing a gift tax form. That means in 2025, you could give ...

You can transfer any unused portion of your $13.99 lifetime gift and estate tax exclusion to your spouse if you should die in 2025 or up to the amount of the 2026 limit if Congress doesn’t take ...

You can give up to $13.99 million over your lifetime to an individual without paying any gift taxes — but the tax rates above that ... The gift tax limit for 2024 was $18,000 which increased ...

For the 2024 tax year, the maximum amount that can be given without paying federal gift tax is $18,000 per year per recipient, it will rise to $19,000 for the 2025 tax year. This is known as the ...

Most households don't have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people as you want without triggering any taxes. This is the annual exemption.

Gifts in excess of this limit to an individual recipient are either subject to gift tax or, more commonly, will result in a reduction to the giver’s lifetime exemption of USD$13.99 million.