“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 ...

A $100-million lawsuit has been launched against the CRA by a company audited for what the agency calls "tax shelter gifting ...

Are there any tax implications if a child uses the £3,000 annual inheritance tax exempt gift to lend the £3,000 to the parent ...

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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 ...

Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax.

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

President Donald Trump may cancel income tax for Americans earing below $150,000 annually, Commerce Secretary Howard Lutnick ...

Longtime homeowners would be exempt from paying property taxes when they reach that benchmark under a bill introduced in ...