Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift!

The federal estate tax exemption for 2025 is set at $13.99 million per person. This exemption allows individuals to transfer a substantial portion of their estate to heirs without incurring federal ...

Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...

For financial advisers and wealth managers, these IRS adjustments and OBBB reforms highlight a clear message: tax planning is ...

The updates affect more than 60 tax provisions and are expected to apply to virtually all returns filed in 2027 for the 2026 ...

The One Big Beautiful Bill Act (OBBBA) permanently raises the estate and gift tax exclusion to $15 million per person, beginning in 2026, and is indexed for inflation. These changes may affect estate ...

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 estate and gift taxes. ...

A proposed repeal of the federal estate tax has advocates arguing about whether it would be a long-overdue fix for small business owners and farmers, or an unnecessary move widening the gap between ...