It is very rare for an ordinary household to owe money on gifts. The gift tax has a somewhat complicated two-tier structure.

Most households don't have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people as you want without triggering any taxes. This is the annual exemption.

A: The amount that you can gift-give is $18,000 annually to any person without triggering a gift tax. If you are married and ...

Are you considering giving cash or property to loved ones or others this year? Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns. Here’s what ...

On April 10, 2025, the House of Representatives narrowly approved the Senate’s version of the FY 2025 budget resolution, which it passed on April ...

Too often, advisors and clients focus only on preservation during difficult economic times. But for those with a ...

Gifting is done for a variety of reasons, such as love and affection or even to qualify for benefits, but the consequences ...

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Estate planners and tax advisers must understand the tax and reporting rules for clients using P2P payment applications for business transactions and family transfers.

Most households don't have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people as you want without triggering any taxes. This is the annual exemption.