How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can ...

While there are no specific 529 plan contribution limits, most people consider the $19,000 annual gift tax exclusion to be the main contribution limit. 529 plans are tax-advantaged accounts that allow ...

The rainbow-haired rapper said poor money management led to him owing the high amount to the government. By Mackenzie Cummings-Grady 6ix9ine says that he didn’t know how to manage his money and now ...

The holidays are the season of giving—and with a little planning, you can make your gifts both generous and tax-efficient.

The history of politicians who go back on their words has lessons for Rachel Reeves as she mulls raising taxes ...

Federal income tax is a necessary evil, but residents in some parts of the country don't have to pay state income tax. In 32 states and Washington, D.C., residents are subject to a progressive income ...

6ix9ine says that he didn’t know how to manage his money and now owes the U.S. government $8 million in unpaid taxes. During a livestream with Deshhae Frost on Thursday (Oct. 23), the rainbow-haired ...

Travis Gettys is a senior editor for Raw Story based in northern Kentucky. He previously worked as a web editor for WLWT-TV and a contributing writer for the Kentucky Enquirer, and he also wrote for ...

Exact Sciences Corp. (Nasdaq: EXAS), a leading provider of cancer screening and diagnostic tests, today announced that the ...

A bright yellow toy with a cheerful squeak, the rubber duck has long been linked to children’s playtime. But what if that little duck could also help you uncover surprising questions about your ...

The Treasury Department has named Frank Bisignano as chief executive of the Internal Revenue Service, where he will manage day-to-day operations while also remaining commissioner of the Social ...

Americans, particularly the affluent, are set to receive larger tax refunds or smaller tax bills when they file in 2026, because of President Donald Trump’s tax and spending package passed in July, an ...