Before making a gift to someone, it’s important to understand how it will be taxed and the IRS’s annual and lifetime gift tax ...

Having inherited money from his mother, Oram initially planned to leave his Sipp to his two daughters as a way to mitigate ...

Qatar's jet to America is a reminder of how gifts have influenced relationships between nations. Lincoln turned down ...

DEAR MISS MANNERS: When nonprofits display lists of their donors, I’ve seen couples’ names written two ways. One way puts the ...

Eidiya, a cherished cultural practice in which children receive gifts often in the form of money from relatives during Eid, has long been a source of joy for little ones.

Not all inheritances happen once you’ve died. Gifting larger sums of money to loved ones while you’re still alive is both a practical ...

Let’s say that you would like to give money to your son and his wife. How much can you give them without triggering the gift ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on gifts, the estate ...

During last year’s presidential campaign, both Donald Trump and Kamala Harris suggested that the money Americans make from ...

That rate will be applied to any supplemental wages, such as bonuses, up to $1 million during the tax year. If your bonus ...

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