Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes parents’ assets to a child according to conditions they set, and it can give ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...

Hoping for more aid to cope with rising budgets, municipalities eye possible increases in revenue sharing rates ...

My wife is an executor to the will so might she be liable for any tax the charities have to pay? Estate planning expert Ian Dyall replies.

As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college scholarships, ...

Sending a birthday card or other gift? Here's what the U.S. Postal Service says about the legality of sending cash in the ...

CIT (A) has erred in confirming the addition of Rs.6 lacs which was added by the Assessing Officer on account of unexplained cash found at the residential premises during the course of search. 2. The ...

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

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 ...

Opinion: It’s time to respect our taxpayers and give them back two-thirds of surplus dollars that are rightfully theirs.