How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can ...

The Internal Revenue Service (IRS) recently issued Private Letter Ruling (PLR) 202504006, addressing several important estate and gift tax questions related to the division of a marital trust and the ...

The holidays are the season of giving—and with a little planning, you can make your gifts both generous and tax-efficient.

'We do not see eye to eye on using paper checks' "My husband and I do not see eye to eye on using a paper checkbook, but that's a story for another day." (Photo subjects are models.) Dear Quentin, My ...

It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on the tax rules for ...

This year, estate planning practitioners have significant opportunities for estate tax savings for our high-net-worth clients. Time is critical though, and there are some traps for the unwary in ...

529 college savings plans are run by the states, and each state can set its own contribution limit. There aren’t per-year contribution limits, but high contributions could have gift tax implications.