As more people seek ways to reduce their tax liability after recent Budget changes, families are reminded of a gifting option ...

As per RBI norms, resident individuals can remit up to $250,000 per financial year for various permissible capital and ...

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.

Gretchen Whitmer proposed a $3 billion road-funding plan Monday, including tax increases on businesses and marijuana to help ...

The beginning of each year is a great time to start next year’s tax planning. One area to help reduce your tax obligation, that benefits from an early in ...

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 ...

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 ...