Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have $30,000 set aside for their big day, which you plan to hand over in the form ...

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

The roughly $9 million estate of a Tucson couple will go to the Carondelet Health Network and the University of Arizona with a purpose of improving local health care. The Carondelet Health Network ...

CTC full form is Cost to Company refers to the total amount a company spends on an employee in one year. This includes not only your monthly salary but also bonuses, allowances, employer contributions ...

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 ...

'My husband, daughter, son-in-law and I all went to the bank' "Do I need to fill out a Form 709 for this on my taxes this year?" (Photo subject is a model.) Dear Quentin, Last year, I told my daughter ...

Submit Your Gift Giving Ideas Here! Are you a local business owner or manager? We are looking for local gift giving ideas! Submit an item that people can purchase from your business below. If they fit ...

Peru’s government is exploring splitting the assets of its ailing state-owned oil company, including a new multi-billion-dollar refinery that is generating losses. President José Jerí made the ...

According to a report by the Washington Post, the issue stems from an oversight in the “One Big Beautiful Bill” law passed this summer. The core problem is technical but severe. Under current IRS ...