The gift tax limit affects how much can be given each year without tax consequences. See what counts as a gift and when ...

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 ...

Most people won’t owe gift tax in 2025 or 2026. Learn the annual limits, lifetime exemption, when Form 709 is required, and ...

Discover how Form 8857 can help you seek relief from tax liabilities tied to your spouse or former spouse. Learn eligibility requirements and filing processes.

Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm. Some forms are ...

'My husband, daughter, son-in-law and I all went to the bank' "Do I need to fill out a Form 709 for this on my taxes this year?" (Photo subject is a model.) Dear Quentin, Last year, I told my daughter ...

Quarterly estimated taxes are required when you earn income that doesn't have taxes automatically withheld. This most ...

A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...

Learn how 2025 tax brackets work and what they mean for your income tax this season. Defense Department says military newspaper Stars and Stripes must eliminate 'woke distractions' Trump Cabinet ...

If you sell online, drive for a rideshare app, or take freelance gigs, the Form 1099-K has likely been a source of uncertainty over the past few years. Shifting thresholds, phased rollouts, and mixed ...