Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax.

However, the new regulations, scheduled to take effect next January, will cut this exemption in half to $7,500. This move is ...

Here are eight types of income that are free from federal taxes. Child support payments are nontaxable income for those who ...

Unlike many Western countries, China does not have estate and gift taxes, but that could change as a controversial motion is ...

It’s about time government tightens its belt Isn’t it crazy that people are so upset about federal employees losing their ...

The Internal Revenue Service (IRS) recently issued Private Letter Ruling (PLR) 202504006, addressing several important estate and gift tax ...

Republican lawmakers in Congress introduced the Death Tax Repeal Act, which aims to permanently eliminate the federal ...

Washington has one of the highest estate tax rates in the country, ranging from 10% to 20% on assets above $2.193 million.