The gift tax limit affects how much can be given each year without tax consequences. See what counts as a gift and when ...

Most people won’t owe gift tax in 2025 or 2026. Learn the annual limits, lifetime exemption, when Form 709 is required, and ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. IRS new Form 708 enforces a 40% transfer tax on U.S. recipients ...

"COPA is a sensible, targeted tool to support organized tenants and vetted preservation buyers to fight displacement in the ...

Estate planning isn’t a one-time event — it’s a moving target. With gift and estate tax laws in flux and even “permanent” reforms often lasting no more than a decade or an administration, families are ...

This crisis in Minneapolis reveals a deep moral rot at the heart of Trump’s movement.

Learn about plans and accounts that allow you to efficiently save for your child's or grandchild’s education while shielding the savings from the IRS as much as possible.

Launching and managing a small business offers a complicated mix of challenges and rewards. National Entrepreneurship Week, ...

Many settlement agreements don't say anything about tax forms. Yet many defendants issue a Form 1099 to the plaintiff, and a ...

Reporting your digital asset income has changed this year. Learn how the new IRS rules will affect your tax filing and why ...

The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.