Other rules that apply to superfunding a 529, so anyone considering this option should discuss their situation with a tax pro ...

IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...

The 2026 legislative session kicked off this week in Olympia. State lawmakers have a lot to figure out – especially the budget that’s still underwater. One idea that's getting floated is an income tax ...

Parents who put money into their children’s “Trump Accounts” might face a headache come tax time: Even the smallest contributions may require them to fill out a little-used gift tax form that can take ...

Stay informed with our free newsletters for the latest news, events, and local stories. The Montclair Board of Education, at its first meeting of 2026, will vote to approve tax levy increase questions ...

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, ...

Your biggest Christmas present of the year may be one you won’t even notice! The legendary 1981 Reagan tax cut — which ushered in a decade of prosperity — included a little-known provision called tax ...

Tennessee does not have a state income tax, so lottery winnings are not subject to additional state taxes. Lottery winners in Tennessee cannot remain anonymous and their name, hometown, and home state ...

A bipartisan House duo is drawing up a cryptocurrency tax framework that would provide a safe harbor for some stablecoin transactions and delay taxation of rewards earned by verifying blockchain ...

I was recently corresponding with an 88-year-old reader who had decided to hire a financial advisor. After years of enthusiastically managing his investments on his own, he had determined it was time ...

1 When did you first realize you could become Santa, and what made you say yes? Santa Mike: I was watching a documentary on a gentleman learning to become a Santa. By the end of that documentary, the ...

As the holidays approach, many of us start thinking about meaningful ways to bless the lives of those we love. A wrapped present is thoughtful, but a well-planned financial gift can have an impact ...