Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...

Once a taxpayer has used up their Gift Tax exemption it could mean paying a tax rate of up to 40 percent. In the United States, federal gift taxes are applied to the transfer of property or money ...

You can gift up to $19,000 a year to your child without triggering gift taxes, but it won't give you a tax deduction. If you're in a strong financial position, helping your child with student loans ...

These trusts fall into two primary categories, that differ by the timing of the charitable distributions: Both CLTs and CRTs offer potential tax advantages, including income, gift, and estate tax ...

Taxing the rich is a policy typically associated with Democrats. Since most voters think the wealthy don’t pay enough in ...

2. The annual federal gift-tax exemption also sunsets on Dec. 31, 2025. Under the annual gift tax exemption, you can give away a certain amount of money (or property value) each year, per ...

A recent Tax Court order highlights the gift and estate planning opportunities afforded when a senior family member makes ...

Finance Secretary Ralph Recto earlier announced plans to increase the rates for capital gains, donor and estate taxes to 10 percent from the present six percent ...