It is important for nonprofit organizations to understand how these changes will affect donors and to talk with them now to ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on estate and gift taxes. ...

Inheritance tax rules could get even tighter in the coming months as chancellor Rachel Reeves is reportedly planning a crackdown on the value of financial gifts individuals can make during their ...

Nonprofits that help high-earning donors better understand the implications of the recently passed tax legislation could see a boost in donations in 2025, say fundraisers and experts familiar with the ...

Wondering if you’ll owe federal gift tax in 2025? You’re probably in the clear. Most people never pay the gift tax thanks to generous annual and lifetime ...

Gifting is a popular way to avoid inheritance tax (IHT) liabilities – but £61 million in gifts given broke HMRC’s rules last year, with families forced to pay up on presents they thought would be free ...

The US federal estate tax has come a long way since 2000, when the exemption level was set at $675,000. The amount has increased greatly over the past quarter century. Americans who die in 2025 may ...

Now everyone is taking a deep breath, even a sigh of relief because the tax benefits for estates will only increase from the $13.61 million dollar level for the time being. Could there be a downside ...

“Barring Congressional Action, tax rates are set to revert to pre-Tax Cuts and Jobs Act levels at the end of 2025.” I scribbled out that same general line on numerous occasions since the TCJA was ...

But now, U.S. Rep. Marjorie Taylor Greene (R-Georgia) says it’s time to end what she calls an unfair penalty on hard-earned equity. On Thursday, Greene introduced the No Tax on Home Sales Act, a bill ...