Most taxpayers, from individuals to married couples, are unfamiliar with the concept of the gift tax. The government assesses this tax on certain transfers of money or other assets from one person to ...

Discover how the annual exclusion lets you gift money or assets tax-free, understand its impact on gift taxes, and learn about special cases.

If you gave gifts worth more than $18,000 in 2024, you may have to file a gift tax return but are unlikely to owe any federal gift tax. Learn the tax impacts of giving large gifts. If you’re worried ...

Learn key differences between IRC Section 409A and gift tax valuations for private company stock in estate planning ...

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

Many people give a gift of money to celebrate an occasion or milestone for a loved one without contemplating taxes. And in most cases, you don’t have to worry about it because of the annual tax-free ...