Giving a gift to a relative or friend can get you a gift in return from Uncle Sam in the form of future tax savings ...

GIFT City experiences rapid growth in aircraft leasing, driven by regulatory reforms and increasing demand in India's ...

With 2025 drawing to a close, the tax landscape looks very different from where we stood just 12 months ago. The passage of the One Big Beautiful Bill Act (OBBBA) has rewritten several key components ...

RICHMOND, Va.—The Virginia House of Delegates on Tuesday passed legislation continuing billions of dollars in state tax exemptions for all qualifying new and existing data centers as long as they take ...

PORTLAND Ore. (KPTV) - City Councilor Eric Zimmerman and Mayor Keith Wilson are supporting an effort to increase Portland’s business tax exemption. The current exemption threshold is $50,000 and has ...

The Town of Hempstead opted into a tax exemption for disabled veterans at its board meeting Tuesday. The tax exemption was passed by the State Legislature last year and signed into law in December by ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

There is an exception when it comes to gift money for a down payment on a new home. Gift funds are widely accepted across today’s mortgage programs, one expert said. For many buyers, especially ...

• Estate and Gift Tax Exemption. An individual can give up to $15,000,000 during life or at death without any estate or gift tax consequences. A married couple can give up to $30,000,000 with proper ...

Some Americans could be eligible for larger federal tax refunds in the coming months, but this depends on whether judges in two major appellate courts agree with the latest legal interpretation of the ...

Dear Liz: I have been paying college tuition for my grandson: $20,000 per semester for the last three years. He has used the university’s online option to pay the tuition by transferring the money ...