If an NRI wishes to gift offshore funds, the funds must first be brought back to India and then remitted abroad.

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

We're almost halfway through the year. Is your estate in order? If not, here are some tips to get it done in 2025.

If you do not rely on RMDs for living expenses, there are several options to optimize the use of these funds while striving ...

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

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

A successful transition requires a tax-efficient strategy for the sale of your business. Your advisory team should include a ...

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 ...

Giving your child money toward a down payment can help them save money and borrow less when buying a home. This can be especially helpful when they're dealing with soaring home prices and ...

Donor’s tax, meanwhile, is a tax on a donation or gift and is imposed on the gratuitous transfer of property between two or more persons who are living at the time of the transfer. Estate tax is ...

"If the person can have the stamina to hold on and not cash it in" within a few years of reception, they're a good form of ...

On a list of the five American urban areas with the highest property taxes, the first four are all in Illinois, according to ...