The gift tax limit affects how much can be given each year without tax consequences. See what counts as a gift and when ...

Most people won’t owe gift tax in 2025 or 2026. Learn the annual limits, lifetime exemption, when Form 709 is required, and how to give tax-free.

Lindsey Vonn continued her remarkable form in the lead up to the Winter Olympics with her seventh World Cup podium of the season in Sunday's super-G in Tarvisio won by Emma Aicher. American star Vonn ...

Newborns can look forward to the promised Trump accounts in the new year, but if parents, grandparents, friends or relatives plan to contribute, they can look forward to a tax headache, experts said.

According to a report by the Washington Post, the issue stems from an oversight in the “One Big Beautiful Bill” law passed this summer. The core problem is technical but severe. Under current IRS ...

As of early September, it appears the proposed transfer tax might not happen, but major changes to the gift tax could occur. Let’s key in on the annual exclusion. In 2021 you can give away $11.7 ...