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 ...

You can share an inheritance, but may have to notify the IRS so that you’re in compliance with gift tax rules.

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 most states don’t have inheritance taxes, but since he won’t technically be ...

Jonathan Knauth, a combat veteran who served a 30-year career in the United States Marine Corps, is the recipient of the tickets. Daniels, whose grandfathers both served in the military ...

"Frequently Asked Questions on Gift Taxes," Select "Who pays the gift ... the Joint Committee on Taxation – What to Expect." United States Capitol Historical Society. "JCT Investigation of ...

FM Nirmala Sitharaman said that the new structure will substantially reduce taxes of middle class and leave more money in their hands.

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

Alison Byerly is president of Carleton College in Northfield, Minnesota.

US citizens residing in Europe must consider the potential for estate and inheritance tax exposure by both the European ...

For the ultrawealthy, the document floats eliminating the federal estate tax, at an estimated cost of $370 billion in revenue ...

On top of that, Wyoming’s property taxes are some of the lowest in the United States. “In 2025, Wyoming is likely to remain a tax haven due to its resource-rich economy and conservative fiscal ...