Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...

Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...

The Internal Revenue Service recently announced the 2025 cost of living adjustments for the estate and gift tax exclusion amounts. The Gift Tax Exclusion Amount is the amount an individual may gift to ...

The Gift and Estate Tax Exclusion is currently scheduled to be reduced by approximately 50% in about 13 months. Without action from Congress, on January 1, 2026, the Exclusion will go from almost $14 ...

August 26, 2024 - The deadline is fast approaching to make gifts and take advantage of historically high federal estate, gift, and generation-skipping transfer ("GST") tax exemptions in order to ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on estate and gift taxes. ...

The Tax Cuts and Jobs Act of 2017 made substantial changes to U.S. laws starting in 2018. One of the most significant changes was to the federal gift and estate tax lifetime exemption. Profit and ...