How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can ...

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 ...

Opinion: Adequate disclosure can help start the statute of limitations on gift tax and avoid potential valuation-related ...

Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax. Using this for a down payment also does not affect the result. A financial ...

Q: I plan on purchasing gold coins for investment and possibly provide gifts to some relatives. A: An excellent source for this issue is“ Your Guide to Paying Taxes on Precious Metals.” The source is ...

My husband and I have started giving money to my sister to help her out. It’s going to be about $30,000 a year for the next five or so years at least. Will this sum be more than the amount the IRS ...