A key rule is that the giver is responsible for any tax, not the recipient. But most people never owe any gift tax because of ...

Learn how to make 529 plan contributions as a gift, understand the gift tax rules, and explore how to contribute efficiently ...

Year‑end planning is critical for wealthy families, in order to preserve wealth, minimize taxes, and grow wealth. Review ...

Q: A friend is buying his parents’ home. He is using an online lender. He doesn’t have a real estate agent, and there is no written sales contract. The lender says his parents can gift him the house ...

I t is a rare thing to see Josh Shapiro sweat. For all the grief the Pennsylvania governor gets for imitating Barack ...

There's only so much control that their grandparents will be able to exercise after they're gone, and the best kinds of gifts don't come with strings attached. All inheritance is treated as separate ...

WORTHINGTON — The Worthington District 518 Operations Committee heard a presentation from SitelogiQ on future building projects during its Tuesday afternoon meeting. Jeff Elstad, a senior education ...

Nancy understood Melissa’s desire for the home and was happy to give it to her. They entered into a handshake deal so that ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on ...

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

Are you unwittingly committing these tipping blunders when you eat out? Discover the subtle habits that could be leaving a ...