The amount individuals can give as tax-free gifts is set to be significantly reduced next year, potentially altering ...

With the Big Beautiful Bill reshaping estate and gift taxes, Jennifer Cona shares year-end strategies to maximize charitable giving and update estate plans.

The first is that you can give away up to $19,000 in 2025 (it was $18,000 in 2024) per person — to as many people as you want, according to the IRS. And if you’re married your spouse can do the same, ...

Parents who want to help a child financially often worry that generosity will trigger a tax bill. The rules are more flexible ...

Most households don't have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people as you want without triggering any taxes. This is the annual exemption.

Some gifts that a small business owner gives to their employees may be taxable, while others are not. Here’s how to ...

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 in 2025. The annual amount that may be given to a ...

A: The One Big Beautiful Bill Act made one major change to the estate and gift tax laws. This year, each person can give away either during lifetime or at death as much as $13.99 million. A married ...

'We do not see eye to eye on using paper checks' "My husband and I do not see eye to eye on using a paper checkbook, but that's a story for another day." (Photo subjects are models.) Dear Quentin, My ...

If you’re worried about owing gift taxes if you give money or property away, keep this in mind: Very few taxpayers end up on the hook for this particular tax. There are two reasons why.