Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Canadians who emigrate to the United States or elsewhere face many decisions and considerations associated with departure, but careful tax ...

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know ...

Now that President Trump is back, he made a lot of promises about tax law that he is expected to move forward in Congress.

Gov. Janet Mills has warned against such broad-based tax reforms and Republicans have already vowed to oppose any tax ...

President Donald Trump plans to impose 25% tariffs on all imports of steel and aluminum into the United States, broadening ...

Transferring a home to your children can offer them divorce, creditor and tax protections as well as provide a mechanism for managing the property.

This case and another taking aim at suburban counties are moving forward in the wake of a U.S. Supreme Court decision in 2023 that said tax sales violate private property rights guaranteed by the ...

Each year in March, the United Nations releases what it calls the World Happiness Report.

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...