Image source: asenal29, Wikimedia Commons. Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you ...

The AICPA on Thursday released some suggestions for practitioners regarding issues that have arisen around the postponed May 17 tax due date for individuals. The postponement, announced by the IRS in ...

If you are looking for the instructions for the 2010 gift (and generation-skipping transfer) tax return--Form 709--you will not find them today--at least not in a PDF format. In my blog post on March ...

In the countdown to April 18 (the day tax returns are due this year), many people rushing to prepare their individual income tax returns will overlook another key tax document that's due the same day: ...

Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you have to follow the gift-tax rules.

Most gifts don't require this IRS form, but find out if you're a special case. Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, ...