Knowing the annual gift tax exemption can save you time and money.

As the holidays approach, many of us start thinking about meaningful ways to bless the lives of those we love. A wrapped present is thoughtful, but a well-planned financial gift can have an impact ...

New Tax Rules: Income the IRS Won’t Touch in 2025 From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some information on what’s ...

IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer tax rules, exclusions, planning tips.

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger ...

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 ...