Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have $30,000 set aside for their big day, which you plan to hand over in the form ...

The other plank of the tax code, the estate tax and gift tax (along with the generation-skipping transfer tax, adopted to ...

Most people focus their tax planning efforts on minimizing the amount of income tax they pay. However, the federal gift tax can be even more onerous because of its 40% rate, and many people don't even ...

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

The IRS issued final regulations (T.D. 10027) regarding taxpayers who must pay taxes on gifts or bequests that they receive from certain individuals who gave up their U.S. citizenship or residency.

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

NORTHVILLE, MI (Dec. 30, 1999) -- Short column tonight as I'm hitting the bottl... er, road early for the New Year's festivities. Speaking of the New Year, I'd like to wish Fools everywhere a healthy, ...