Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

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

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

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

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 ...

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

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

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

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

The Union Budget for 2025-26 has proposed a major tax arbitrage for unit-linked insurance policies and endowment plans sold via Gift City. If approved, the maturity proceeds in such dollar ...

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 ...