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

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...

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 the best way to ...

You worked hard to have a comfortable life and pass on some wealth to your heirs. Unfortunately, if not done strategically, ...

The updates affect more than 60 tax provisions and are expected to apply to returns filed in 2027 for the 2026 tax year.

Taxes shouldn't drive a farm’s succession and estate plan, says Polly Dobbs, an estate planning and wealth transfer ...

Wondering how much you’ll pay in taxes next year? The Internal Revenue Service has released the 2026 tax brackets, providing American taxpayers with insight into inflation adjustments and income ...

The Internal Revenue Service (IRS) released Revenue Procedure 2025-32, detailing inflation adjustments to more than 60 tax provisions for tax year 2026. While some of the changes follow expected ...

The IRS has unveiled higher capital gains tax brackets for 2026. In its announcement on Thursday, the agency boosted the taxable income limits for the long-term capital gains brackets, which apply to ...