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

Generous gifts can have tax consequences, but in general, only very wealthy people need to worry about gift taxes. Still, there could be IRS paperwork involved.

Forbes contributors publish independent expert analyses and insights. Darren Case is an Arizona attorney covering tax and estate planning. Dec 24, 2024, 05:21pm EST Model in Vasser wool flannel red ...

A. The gift and estate tax laws are not changing at the start of 2025, but if lawmakers in Washington, D.C., don't pass new legislation by the end of the year, there will be big changes at the end of ...

If you have gifting to loved ones on your mind, here are some considerations related to taxes and logistics. Unless you’re writing a check from your bank account, the logistics of gifting funds can ...