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.

A:The amount that each person can give away during life or at death will increase from $13,990,000 to $15,000,000 as a result of the One Big Beautiful Bill Act, which was signed into law on July 4, ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. New rates: North Carolina income tax is 4.25% for 2025 and 3.99% for 2026. Triggers tie further cuts to revenue; exceeding $33 ...

Newborns can look forward to the promised Trump accounts in the new year, but if parents, grandparents, friends or relatives plan to contribute, they can look forward to a tax headache, experts said.

From pennies to major jumps, fuel tax changes are rolling out nationwide as states kick off the new year. Over the past year, more than a dozen states have adjusted their tax systems. Some raised ...

The beginning of a new year means new estate and gift tax figures from the IRS! While there has been much uncertainty over the last few years regarding the estate and gift tax exemptions post-2025, ...

Mortgage rates remained unchanged after the December 2025 Federal Reserve meeting, despite the Fed’s decision to cut the benchmark rate by a quarter-point. That’s in part because long-term mortgage ...

Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...

Employers across the U.S. added 64,000 jobs in November, beating economists' forecasts, new government data shows, even as new October figures revealed a loss of 105,000 jobs, a sign the labor market ...

This station earns commissions on purchases made through the link(s) on this page. TL;DR: A holiday-priced, one-time purchase gives you lifetime access to Microsoft Office Professional 2021 for ...

The Boston City Council voted unanimously to set tax rates that will bring a projected 13% tax increase for the average single-family homeowner next year. The Council voted, 12-0, Wednesday to set the ...