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

Gifts of up to €3,000 may be tax exempt but they will still be assessed as savings under the Fair Deal nursing home support ...

The author writes "This year, estate planning practitioners have significant opportunities for estate tax savings for our ...

There are fears Rachel Reeves will change the rules that allow people to give away some of their wealth seven years before death ...

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

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

Underthe seven-year rule, individuals are able to pass down money or assets either tax-free or at a reduced rate if they ...

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

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

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

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 ...