Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you have to follow the gift-tax rules.

Wondering if you’ll owe federal gift tax in 2025? You’re probably in the clear. Most people never pay the gift tax thanks to generous annual and lifetime ...

The Tax Cuts and Jobs Act (TCJA) temporarily increased the federal estate, gift and generation-skipping transfer (GST) tax exemptions from $5,000,000 to $10,000,000 (the federal estate and gift tax ...

Gifting Bitcoin isn’t taxable right away, but the IRS still has rules. Here’s how to stay compliant and prevent future tax problems. Bitcoin gifts aren’t immediately taxable. The IRS treats ...

Image source: asenal29, Wikimedia Commons. Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you ...