Tax law changes and IRS layoffs may delay 2025 tax refunds. However, taxpayers who file electronically and accurately will not likely face issues or delays.

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

Learn how to deposit withheld payroll taxes correctly with IRS Notice 931. Follow required schedules and understand penalties ...

I split our father's estate on the understanding that no such $500,000 transfer had been made. The irrevocable trust was never executed, and it appears my father was taken advantage of. I have no ...

Learn about plans and accounts that allow you to efficiently save for your child's or grandchild’s education while shielding the savings from the IRS as much as possible.

'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 ...

Parents can soon get $1,000 for their child, thanks to a provision in President Donald Trump’s big bill signed into law last year. The so-called “Trump Accounts” will receive $1,000 for every baby ...

Last year, I told my daughter and her husband that I would pay off their mortgage if they got it under $76,000. My husband, daughter, son-in-law and I all went to the bank. My wife wrote the check for ...

Parents of babies born in the middle of the decade are about to see a new line on their family balance sheet: a federally seeded investment account branded with the Trump name. Starting in 2026, ...