If any gift exceeds the annual limit, you’ll file a gift tax return on IRS Form 709. This is purely an informational return with no tax due until you cross the lifetime limit of $13,990,000 (for ...

The mother of one of the first hostages to be released as part of the recent ceasefire agreement between Israel and Hamas expressed her joy over her daughter's return. Meirav Leshem Gonen has ...

Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

file a form 1040-NR, Nonresident Alien Income Tax Return; file with an individual taxpayer ID number; or have a refund over $2 million. It's up to taxpayers how they receive their payments.

Tax season is officially underway. The IRS expects over 140 million people to file tax returns before the April 15 deadline.

Tax season began on January 27th for both federal and Arizona state returns. Taxpayers can check the status of their federal refunds using the IRS “Where’s My Refund” tool. Most taxpayers ...

The Union Budget for 2025-26 has proposed a major tax arbitrage for unit-linked insurance policies and endowment plans sold via Gift City. If approved, the maturity proceeds in such dollar ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

The tracking tool will tell taxpayers when the IRS has received their return, approved their refund, and sent it. The Internal Revenue Service has started accepting individual 2024 tax returns ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET, where he oversees the CNET Voices program and branded content division. He is also the finance columnist ...

Super Eagles invitee, Gift Orban has hinted Nigerian dish, eba and egusi soup remains the secret behind his goal scoring prowess. Orban, who recently joined Bundesliga side Hoffenheim, revealed ...

A man on Reddit says a recent birthday gift from his aunt — a scale — has devolved into the center of family drama after he returned the item at her request. In a Reddit post, he writes ...