As Diwali approaches, the exchange of gifts becomes one of the most cherished traditions across India. From gold jewelry and silver coins to expensive gadgets and vouchers, people love sharing gifts ...
This article explores the legal and tax aspects of charitable pledges, emphasizing enforceability, donor commitments, and practical advice for charities on complex gifts. The nutshell happens to be ...
Gifting Bitcoin in 2025? Learn how the IRS treats crypto gifts, what counts toward the $19,000 exclusion, when to file Form ...
The 2025 tax landscape has changed due to the GOP tax and spending law, referred to by some as the “big, beautiful bill,” signed by President Trump on July 4, 2025. This multibillion-dollar ...
Tax advisors say wealthy Americans should consider ramping up charitable donations before the end of 2025 to take advantage ...
The One Big Beautiful Bill Act, signed into law on Independence Day, has brought some much-needed certainty to tax planning, advisors say. The new law eclipses the scheduled sunset of the 2017 Tax ...
A recent Tax Court order highlights the gift and estate planning opportunities afforded when a senior family member makes loans to other family members. In Galli v. Commissioner, Docket Nos. 7003-20 ...
Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...