I have long believed that “a gift given is a gift given”, and money given to children should be on a non-recourse basis. But ...

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

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

Under income tax laws, gift taxation depends on the giver and the total value received in a financial year. Gifts from close ...

Learn smart strategies for grandparents to optimize 529 plans, tuition payments, and Illinois/Missouri tax benefits while ...

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 ...

Maximize savings before the year ends.

Law professor Ray Madoff’s new book, “The Second Estate,” argues that philanthropy is part of a playbook that the ...

According to AI, and a host of human tax experts too, Reeves can’t raise that kind of money without touching one of the big ...

"How do I decide what approach I should take?" (Photo subject is a model.) ...

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