A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

The IRS has released new inflation-adjusted figures that can impact your estate and gift planning. These numbers seem like a ...

Tax season can feel overwhelming, especially for baby boomers who may be navigating retirement plans, investment portfolios ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know ...

Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...

LANSING — House Speaker Matt Hall said Thursday he is open to raising Michigan's corporate income tax to keep intact funding ...

Under the current scheme, you can give away as much money as you like, inheritance-tax free, as long as you live seven years ...