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.
Lord Mandelson said he was “trying hard” to change government policy on bankers’ bonuses following requests from Jeffrey Epstein, new emails show.
If we gift my house to our daughter and continue to live in it, I understand we pay full market rent. After seven years, do we have to continue paying full market rent?
A new year has unleashed a new round of debate on how much more money America’s super-rich should be paying in taxes. The fight over more taxes for the 1% isn’t new, but nagging questions in the ...
Stay informed with our free newsletters for the latest news, events, and local stories. The Montclair Board of Education voted to approve two new ballot questions Monday evening for a March 10 ...
A:The amount that each person can give away during life or at death will increase from $13,990,000 to $15,000,000 as a result of the One Big Beautiful Bill Act, which was signed into law on July 4, ...
Clark County Assessor Peter Van Nortwick says property owners are often confused about the relationship between assessed values and property taxes. (The Columbian files) Each January, the Clark County ...
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.
The beginning of a new year means new estate and gift tax figures from the IRS! While there has been much uncertainty over the last few years regarding the estate and gift tax exemptions post-2025, ...
Question: I work at a small company that produces educational videos and printed materials. We have about 20 employees and are all served by an administrative assistant who makes our lives much easier ...
The Powerball jackpot has become one of the highest in the history of the game, and for Tennessee residents, there may be some things to know if you hope to win. Ahead of the Dec. 24 drawing, the ...