Downsizing retirees may benefit from tax savings, lower utility bills, and freed-up income. But could a new presidency impact ...

Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they ...

What the updates to the Gift Tax Annual Exclusion, Unified Credit Amount and GST Tax Exemption may mean for clients.

For many Americans, offering a $60,000 gift to pay for a child’s wedding probably isn’t something to worry about from a tax ...

Usually, the client misunderstands the tax and believes that if they exceed that level in one year they will be taxed. That ...

"Can I Gift Crypto Tax Free? It depends on your country’s tax laws; many places may require reporting crypto gifts for ...

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A tariff is a tax that is levied on imported goods ... foreign manufacturer would then be passed on to the consumer in the form of a higher retail price. During Trump’s presidential term ...

The Treasury Department and IRS finalized rules Friday detailing how US citizens and residents will be taxed when they receive gifts from certain expatriates. The final regulations (TD 10027, RIN 1545 ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later Use this form if you are the legal representative for an estate, business, or property, and you are ...

Desiree DeNunzio is the gift guide editor for CNET's Commerce team. When she's not writing and editing, she's either hiking through the redwoods or curled up with a good book and a lazy dog.

Some tax filers may receive Form 1099-K which is used to report payment transactions through payment cards and third party network transactions. As all income is taxable, whether it is from part ...