If you have gifting to loved ones on your mind, here are some considerations related to taxes and logistics. Unless you’re writing a check from your bank account, the logistics of gifting funds can ...

The gift tax limit affects how much can be given each year without tax consequences. See what counts as a gift and when ...

Dear Liz: You wrote that people could contribute up to five times the annual gift tax exclusion to a 529 college savings plan without having to file a gift tax return. That is incorrect. People can ...

These savings appear gradually in paychecks as employers adjust withholding tables, with full benefits realized when filing 2026 tax returns in early 2027. Earned Income Tax Credit (EITC): Maximum ...

NORFOLK, Va. — Homeowners across Hampton Roads are starting to receive 2026 property tax assessment notices, and for many, the value on their home may look quite a bit higher than last year. That ...

Ever since President Donald Trump launched his controversial tariff policy on April 2, 2025, reaction to the threat of tariffs (and their disruption of America’s relationship with its trade partners) ...

Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm. Some forms are ...

A:The amount that each person can give away during life or at death will increase from $13,990,000 to $15,000,000 as a result of the One Big Beautiful Bill Act, which was signed into law on July 4, ...

Parents who put money into their children’s “Trump Accounts” might face a headache come tax time: Even the smallest contributions may require them to fill out a little-used gift tax form that can take ...

Newborns can look forward to the promised Trump accounts in the new year, but if parents, grandparents, friends or relatives plan to contribute, they can look forward to a tax headache, experts said.