If gifts are made regularly from surplus income rather than capital, they can be exempt from IHT immediately, without the ...

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

More pensioners are opting to take pension income early to avoid being double - or even triple - taxed later in life ...

He has decided to give some money away now to me and my sister and will give us £90,000 each for a pension, but I am worried ...

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

Death can be a tax-triggering event. And there are two you should be aware of: the estate tax and inheritance tax.

Should I leave it to them in my will and pay inheritance tax; sell it now and give them the money, but pay capital gains tax; ...

There are many reasons for a business owner to develop a succession plan. It can ensure continuity and minimize disruptions, ...

House Bill 4170 was advanced by the House Finance Committee on a 9-3 vote, with three Democrats voting no and two abstaining.

Millions of Brits could decide to tie the knot this year, purely to reduce potential future tax bills - although hopefully ...

On 6 April we start a new tax year, which means you have about a month to make the most of 2024-25 allowances.

General Motors Co., Ford Motor Co. and Stellantis NV received credits in recent years. So did Auto-Owners Insurance Co., Dow ...