Businesses giving gifts is a common practice in many industries. Employees often appreciate receiving a holiday gift, and referral partners are more enticed to refer if they receive a gift for it.

A direct gift to a spouse of an annuity contract in which no one else has an interest qualifies for the gift tax marital deduction. The interest of a donee spouse in a joint and survivor annuity in ...

While not the determining factor, the tax law generally has a symmetry in tax result. If the recipient of funds has no income ...

Tax planning always requires forethought; however, this upcoming year it is even more vital. The Tax Cuts and Jobs Act (TCJA) doubled the estate tax exemption to $13.61 million for individuals and $27 ...

The donee spouse has a “qualifying income interest for life” if (1) the donee spouse is entitled to all the income from the property, payable annually or at more ...

Marlene, a 75-year-old listener, wrote in to ask whether she could give her 50-year-old son $17,000 to help with student loans and get a tax deduction in the process. According to Orman, the answer is ...

Most Americans may be better off waiting until 2026 to donate cash to their favoriite charities due to tax law changes.

“Barring Congressional Action, tax rates are set to revert to pre-Tax Cuts and Jobs Act levels at the end of 2025.” I scribbled out that same general line on numerous occasions since the TCJA was ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

Bust alert! 13 players to avoid early in your drafts | Yahoo Fantasy Forecast It's officially 'Convictions Week' on the pod as we provide our most definitive takes of draft season. Matt Harmon is ...