The GOP extended and increased the higher gift and estate tax exemption and affected AMT thresholds. What might this mean for ...

Home Taxes The 2025 Estate Tax Exemption The IRS increased the exemption before the GOP tax bill dropped. Find out how the plan could permanently change the threshold for estate taxes.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...

House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance ...

(That’s up $1,000 from the 2023 tax year's limit since the gift tax is one of many tax amounts adjusted annually for inflation.) For married couples, the combined 2024 limit was $36,000.

The Budget Lab at Yale University estimated Monday that effects from the bill on taxes, Medicaid and spending on the federal ...

A bill in Congress would allow U.S. citizens residing abroad to elect out of being taxed on their U.S. income.

Capping a tumultuous night, the Republican-controlled Senate advanced President Donald Trump’s package of tax breaks, ...

The One Big Beautiful Bill (OBBB), which passed on July 3 and is expected to be signed by President Donald Trump by July 4, ...

This article explores the legal and tax aspects of charitable pledges, emphasizing enforceability, donor commitments, and ...

Last year’s strong stock-market returns may drive more foundation giving in 2025, and fundraisers should focus on DAF donors.