A retiree sitting on $4.6 million in assets and collecting a $9,500 monthly pension should have an easy time gifting $125,000 ...

The federal gift and estate tax exclusions and the generation-skipping transfer (GST) tax exemption increased significantly under the One ...

John from Illinois has $4.6 million saved, a pension that pays $9,500 a month, and a clear goal: give each of his three children $125,000 a year over three years to help them buy homes. He believes he ...

Following recent inflation adjustments, federal estate, gift, and generation-skipping transfer (GST) tax exemptions have soared to a record-high ...

Actress Shilpa Shetty Kundra received a partial reprieve from the ITAT regarding a Rs 12.5 crore gift from her husband. The ...

The annual gift tax exclusion remains $19,000 for 2026. Learn how the new tax law permanently increases the lifetime estate and gift tax exemption to $15 million.

The Canadian Taxpayer Federation (CTF) is calling for Regina to release details on gift card spending. The CTF requested access to information on the amount the city spent during the 2025 fiscal year.

Starting early and recording deductions can be helpful when filing taxes. Read more at straitstimes.com. Read more at ...

The Income Tax Rules, 2026 have been notified, introducing significant changes for salaried taxpayers. Key updates include revised motor car perquisite valuations, an increased tax-free loan limit to ...

Additional options for you to save While gathering paperwork for your 2025 tax return, did you find yourself wondering whether you missed any opportunities to save? You can avoid any regrets this ye ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on changes to charitable deductions and other tax breaks that ...

Planning to gift mutual funds? Know the process, tax rules, charges, and eligibility before transferring units to your children.