The gift tax is a federal tax set by the Internal Revenue Service ... "Instructions for Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return," Pages 8-9, 20.

The primary goal of estate planning is transfer of assets – money or property – from a donor to a beneficiary. One aspect of ...

One must file a gift tax return (IRS Form 709 United States Gift (and Generation-Skipping Transfer) Tax Return) if one gives gifts that exceed the annual exclusion, are of a future interest, or ...

This article explores the legal and tax aspects of charitable pledges, emphasizing enforceability, donor commitments, and ...

The U.S. tax system is a multifaceted structure that requires a clear understanding of its various components. At the core, ...