"The US Internet Crime Complaint Center (IC3) received more than 880,000 cybercrime complaints in 2023. Overall financial losses from cybercrime last year reached $12.5 billion, a record-setting ...

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

WASHINGTON, DC - APRIL 07: A small sign indicates the headquarters of the Internal Revenue Service on April 07, 2023 in Washington, DC. In the area of gift taxes, one of the fundamental principles in ...

Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...

Learn how the income exclusion rule categorizes certain incomes, like certain interest and child support, as tax-free, ...

Sec. 121 provides a significant tax benefit by allowing taxpayers to exclude from gross income, within limits, gain from the sale of their principal residence (the home sale gain exclusion). With the ...