The IRS Security Summit campaign warns tax pros about fake IRS messages, social media tax myths, new-client phishing schemes, ...

The Internal Revenue Service has issued a crucial reminder for tax professionals ahead of the upcoming 2026 season. The agency - which recently debunked a stimulus check claim - released an alert ...

With contributions set to begin July 4, new IRS guidance gives qualifying individual donors a path to avoid filing a gift tax return.

Parents, guardians and others who contribute to a Trump Account will not be required to file a gift tax return, the IRS and Treasury Department said Monday.

The Internal Revenue Service and the Treasury Department issued guidance Monday on the new Trump accounts introduced by the One Big Beautiful Bill Act, providing a safe harbor for gift tax reporting ...

Parents can now open a tax-advantaged savings account online, but only certain children qualify for the government’s $1,000 ...

The IRS on Monday issued Rev. Proc. 2026-25, which provides a gift tax reporting safe harbor for individual donors who make one or more contributions to Trump accounts under Sec. 530A and satisfy ...

On June 29, 2026, the Internal Revenue Service released Revenue Procedure 2026-25, which provides a transfer tax safe harbor for certain, but not all, contributions to Trump accounts. When the safe ...

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Gift tax returns? We don't need no stinkin' gift tax returns. The IRS released new ...

The new child investment accounts named after the president are set to launch Saturday.Win McNamee/Getty Images The Internal Revenue Service eliminated one of the key unanswered questions about Trump ...