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 ...

Our gift tax calculator estimates how much of your annual and lifetime exclusions will be used up by your gift, and whether you'll have to pay any taxes on it. Many, or all, of the products featured ...

Martha C. White is a contributor to Buy Side from WSJ and a finance expert, specializing in banking, loans and credit cards. Staff Senior Editor, Buy Side from WSJ Miranda Marquit is a staff senior ...

The sun is setting later, we're frolicking in spring flowers, and we're planning summer vacation. Spring is a wonderful time that gives us all fresh air and a renewed lust for life. But there's a ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

Individual retirement accounts cannot be gifted during the owner’s lifetime. Once funds are withdrawn from an IRA, they are generally taxable. But funds outside of IRAs can be used to beef up ...

It's officially tax season, and while you technically have until April 15 to file your tax returns, the time is now to hone your strategy. Will you DIY your return or go to a tax professional? Or, ...

A. The gift and estate tax laws are not changing at the start of 2025, but if lawmakers in Washington, D.C., don't pass new legislation by the end of the year, there will be big changes at the end of ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

The Gift and Estate Tax Exclusion is currently scheduled to be reduced by approximately 50% in about 13 months. Without action from Congress, on January 1, 2026, the Exclusion will go from almost $14 ...