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 ...

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

With growing political pressure to curtail benefits for non-citizens, estate planning tools like the QDOT may be vulnerable ...

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

Savers are ripping up and rewriting their wills in an attempt to dodge Rachel Reeves’s inheritance tax raid. Law firm Irwin ...

A high property tax bill has been the stumbling block to getting the 3.7-acre property sold, according to the listing agent, ...

Canada and Trump reach a border deal that delays tariffs for at least 30 days I Asked 9 Chefs for the Best Canned Tomatoes ...

Three Detroit housing developments — including a unique collaboration between Henry Ford Health and the Detroit Pistons — ...

The Cook County assessor's final estimates would shift the city's property tax burden slightly in favor of homeowners and ...

Clients can donate both permanent life insurance (including whole life and universal life) and term life insurance to charity, but the donation options differ.

Businesses and individuals alike have been impacted by the announcements made around spending and of course taxation in the ...