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Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Can I Give Without...
SmartAsset via Yahoo Finance· 2 weeks agoHow much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS?...
IRS sets sights on small online sellers
Columbia Daily Tribune via Yahoo News· 2 years agoOnline platforms such as PayPal, Venmo, Airbnb, Facebook Marketplace and eBay — among others — have altered how individuals earn money and, more...
New FAFSA rules opened up a 'grandparent loophole' that boosts 529 plans
USA TODAY via Yahoo Finance· 1 month agoThe 529 education savings plan got a couple of big upgrades in 2024 as a tool to save and pay for...
What is a gift letter for a mortgage?
Bankrate via Yahoo Finance· 9 months agoPortions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our...
How to Split Gifts on a Tax Return
SmartAsset via Yahoo Finance· 3 months agoGift tax can apply when you give money or other assets to someone else. As the gift-giver, you're responsible for paying any tax due. The IRS allows you...
Check Out These Tax Hacks For Gifting Money as Christmas Approaches
GOBankingRates via Yahoo Finance· 2 years agoIt's important to know gift limitations and the tax treatment of gifts ahead of the holiday season....
Crypto Taxes 2023: Here's What You Need to Know if You're in the U.S.
CoinMarketCap via Yahoo Finance· 1 year agoThe IRS is famously vague about crypto tax rules, but still aggressive when taxpayers guess wrong on...
Why You May Want to Set Up a Gift in Trust
SmartAsset via Yahoo Finance· 1 year agoYou've worked hard your entire life and you're hoping to pass the fruits of your labor onto your children or grandchildren and not the Internal Revenue...
If You’re Rich, Read This — Your Estate Taxes May Be at Stake (And Your Kids at Risk of Losing Their...
Woman's World via Yahoo News· 1 year agoKnowing the tax rules can help you pass on more of your money to your loved ones while minimizing...
Share the wealth: six tax-efficient ways to protect your assets for the next generation
Patriot Ledger via Yahoo News· 2 years agoAs the saying goes, “you can’t take it with you.” So where do you want your wealth to go when you’re...
