Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. IRS new Form 708 enforces a 40% transfer tax on U.S. recipients ...

If you sell handmade or custom gifts, knowing the tax rules can save you money and stress. From business gift deduction limits to personal gift tax exclusions, the IRS has clear thresholds and ...

As the holidays approach, many of us start thinking about meaningful ways to bless the lives of those we love. A wrapped present is thoughtful, but a well-planned financial gift can have an impact ...

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