PM Paetongtarn accused of avoiding 218.7M baht in gift tax through questionable share transfers. Wiroj urges a Revenue ...
Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they ...
If the numbers don't match up with what the IRS is expecting on a given return, a taxpayer will receive a notice from the IRS, which further slows the process. Schultz said the better move for ...
The article discusses tax implications for gifting pieces of art to tax-exempt charities, specifically focusing on how donors ...
A bill to help municipalities establish their own property tax stabilization programs for older residents in their ...
A manufacturing leader said Wednesday that job-retention tax credits awarded to the Detroit Three automakers in the Great ...
Tax season isn’t the most joyful time of year, but it’s certainly one of the most important. With the filing deadline ...
Here’s a quick estate planning tip: one of the easiest ways to reduce the size of your taxable estate is to take advantage of your gift tax ...
Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax.
a $75,000 gift will not trigger the federal gift tax. Using this for a down payment also does not affect the result. A financial advisor with estate planning expertise can help you navigate the ...
The purpose of a gift in trust is to avoid gift/estate taxes, as there is a lifetime gift/estate tax exemption limit. For 2025, that limit is $13.99 million. There's also an annual gift exclusion ...