Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know ...

Uttarakhand High Court heard a writ petition filed by Rakesh Kumar, seeking relief against the cancellation of his GST registration. The petitioner, running a proprietorship under ‘M/s Durga Gift and ...

Estate tax treaties between the U.S. and foreign countries help foreigners with U.S. assets. They do not help U.S. citizens ...

Tax returns must be filed by midnight on 31 January ... Cryptoassets can be given as gifts, but you might be liable to pay ...

After a younger brother is left out of an aunt's will, his siblings want to share the money they inherited, but wonder if ...

A gift tax return might inspire dread, but it’s simply a way for the IRS to track eligible gifts made in a year and over a lifetime. Most people will never pay gift taxes.

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...