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

Imagine you have $50,000 to give to your daughter and her husband for a down payment on their new home. The question is, will you owe gift taxes because of your generous gesture? Despite popular ...

Dear Quentin, My husband and I plan to help our daughter with some of her wedding expenses. It’s my understanding an individual can give $19,000 in a year without triggering a taxable event. What is ...

Laura MacDonald explores philanthropy as founder of Benefactor Group, author of The Endowment Handbook, and past chair of Giving USA. The new tax law adopted on July 4, 2025, will have a significant ...

In his White House press conference last night, President Obama defended his proposal to reduce the tax deduction for philanthropic gifts, stating that the measure would not deter donors from giving.

Unfortunately, this scenario may not play out as intended, but it does have some potential benefits. Taxes on gifts and ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Businesses giving gifts is a common practice in many industries. Employees often appreciate ...

The truth is, Indian tax law is actually quite clear on when gifts are taxable and when they aren’t. If you know the basic rules, you can pass on money to your kids or parents without attracting any ...