Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.
Mega-donors like MacKenzie Scott and Melinda French Gates are funneling hundreds of millions of dollars into charitable ...
High earners face new limits on charitable deductions starting 2026. Learn key strategies to maximize tax benefits now ...
The wealthy often avoid earned income, which means they escape payroll taxes entirely and ordinary income rates under the income tax. In addition, they can avoid capital-gains taxes by not selling ...
Parents who want to help a child financially often worry that generosity will trigger a tax bill. The rules are more flexible ...
Costco has a generous return policy, but some items are completely non-refundable. Items that cannot be returned include gift cards, precious metals, cigarettes, and alcohol. Electronics must be ...
If you click on links we provide, we may receive compensation. A gift for me? From me? I shouldn't have Quince (4) The holidays are so close we can taste them. And while it’s the most wonderful time ...
Annually, the IRS releases updated indexed limits and cost of living adjustments for the upcoming tax year, impacting corners of the Internal Revenue Code from income tax deduction rates to retirement ...
Gifting Bitcoin isn’t taxable right away, but the IRS still has rules. Here’s how to stay compliant and prevent future tax problems. Bitcoin gifts aren’t immediately taxable. The IRS treats ...
A US appeals court refused to pause a judge’s order requiring the Trump administration to fully fund November food-aid benefits to 42 million eligible Americans. A panel of the US 1st Circuit Court of ...
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 ...
The five members of Alaska’s highest court heard arguments last Thursday in a long-running dispute between the operators of a Christian camp and the Fairbanks North Star Borough about whether or not ...