A key rule is that the giver is responsible for any tax, not the recipient. But most people never owe any gift tax because of ...
Most people can gift large sums without paying tax or filing a return, especially by structuring gifts across two tax years ...
Imagine you have $50,000 to give to your daughter and her husband for a down payment on their new home. The question is, will ...
The One Big Beautiful Bill Act (OBBBA) updates estate, gift and charitable rules, raises exemptions and adjusts SALT ...
If education is a priority, a 529 plan is a powerful way to help. The IRS allows you to “front-load” five years’ worth of annual exclusion gifts into a single year — up to $95,000 per donor in 2025.
Learn how to make 529 plan contributions as a gift, understand the gift tax rules, and explore how to contribute efficiently ...
Michael and Susan Dell’s donation made news for a lot of reasons. Here’s what you need to know about private foundations, ...