A Peruvian fisherman survived 95 days at sea before being rescued and reunited with his family this week. Maximo Napa Castro, 61, set off for a fishing trip from the southern Peruvian coast on Dec. 7 ...

Finding your way around Windows 11 or looking to get more out of Windows 10? Computerworld’s cheat sheets are easy-to-use guides to help you navigate Microsoft’s core productivity software.

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 advisor with estate planning expertise can help you navigate the ...

She revealed the “priceless” gift he often gave her when he was feeling more romantic. Parton and her husband, Carl Dean, married in 1966. Decades after their wedding day, Parton said they ...

The purpose of a gift in trust is to avoid gift/estate taxes, as there is a lifetime gift/estate tax exemption limit. For 2025, that limit is $13.99 million. There's also an annual gift exclusion ...

You’re thinking about taking all your tax-free cash (TFC) now to gift to your children for a house deposit, but is that the best move? There are several factors to consider before making a ...

If we take gift tax seriously, we can close revenue gaps and curb illicit financial activities,” he concluded. Comments: This article has no comments yet, be the first to comment ...

Lavish weddings in Ghana, known for their grandeur and extravagant gifts, are attracting the attention of tax authorities as expensive presents from non-family members spark concerns about tax evasion ...

Mr. Merriman explained: “If they are receiving gifts, if they are promoting goods online in lieu of payment, they will have an income tax liability in most cases.” He further clarified that ...

For example, if you were to gift £400,000 and pass away four years later, the tax on the gift would be reduced from 40pc to 24pc due to taper relief. Taper relief only applies if the total value ...