“One of the best ways to cut the amount of tax you have to pay is to make gifts during your lifetime,” says Sarah Coles, head ...

Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they ...

Whether you’re transferring property, or offering a monetary gift, being properly informed can save you significant amounts ...

The article discusses tax implications for gifting pieces of art to tax-exempt charities, specifically focusing on how donors ...

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Tax season isn’t the most joyful time of year, but it’s certainly one of the most important. With the filing deadline ...

Generational wealth — the various financial assets that are passed down through families to children, grandchildren and ...

The move could raise $2 billion annually at a time when Illinois is facing increased budget pressures, the groups say.

Senior citizen with pension, rental and interest income seeks clarification on tax implications of gifting property to ...

MoneyMagpie Editor and financial expert Vicky Parry warns readers not to miss out on tax-free allowances before April ...

When you make a donation to a registered charity, Gift Aid allows the charity to reclaim 25p for every £1 you donate, at no ...

Start with Reviewing Your Financial Assets and Estate Plan Tax season is not just a time to fulfill obligations to the IRS; ...