Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...

Question: We just became grandparents and would like to set up a college fund for our new grandchild. We were recently advised that we could open a “Section 529” plan to safely invest for our ...

In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions (QCDs) in end-of-year tax planning.

Gifts over $25 The IRS caps business gift deductions at $25 per recipient per year ... This isn't listed as a business expense per se, but taken on personal tax return Form 1040. It lowers adjusted ...

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

Q: My wife and I loaned our daughter and her boyfriend, who is now her husband, money to buy a house several years ago. At the time, he had poor credit, so his name was not put on the title or the ...

The US Internal Revenue Service (IRS) has announced that the annual gift tax exclusion will remain at $19,000 per recipient in 2026, the same as ...

Despite its partial closure due to the government shutdown, the agency shared details Thursday of the new federal income tax brackets and standard deductions, which apply to tax year 2026 for returns ...

Tax waiver fuels surge in share gifts Sponsors transfer holdings to secure board seats Family succession drives intergenerational wealth transfers Major firms report large-scale share gifting In ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. As we approach the final weeks of 2025, American taxpayers face a unique ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...