See how we rate tax ... gift tax or needing to file a gift tax return. In 2025, the $18,000 cutoff increases to $19,000 annually. For married couples who live in community property states or ...

One of the least understood tax rules is the ... for couples making a joint gift. Contributions to 529 plans are not deductible from federal income taxes, but many states offer tax deductions ...

The gift tax applies to transfers made while a person is living. The generation-skipping transfer tax is an additional tax on a transfer of property that skips a generation. The United States has ...

Federal estate, gift and GST taxes are but one component of the myriad of issues addressed in the estate planning process. In addition, many states now impose state estate tax, and the state estate ...

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

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 ...

A type of wealth transfer tax in which the recipient, rather than the donor’s estate, is taxed. An inheritance tax applies to the gifts and bequests a taxpayer receives. Unlike estate and gift taxes, ...

The author writes "This year, estate planning practitioners have significant opportunities for estate tax savings for our ...

They've earned their success—and that's the lesson high-tax states need to learn. The post Raising the SALT Cap Is a Gift to High-Tax States appeared first on Reason.com.

Transfers to an irrevocable trust can trigger gift taxes, but they can still save ... and a Texas man with conspiring to defraud the United States and with assisting in the preparation of false ...