31 Aug If my parents give me money for a house, will it be taxed?
People can gift money without tax consequences, but records must be filed....
07 Jul I’m getting a divorce. What happens to retirement accounts?
New Jersey is an equitable distribution state. Here's what it means. ...
07 Jul Can I give money away without it being a taxable gift?
The lifetime gift tax exemption is $11.7 million in 2021....
22 Sep If I gift more than $15K, what tax forms do I need?
You may need to file a gift tax return depending on your choices. ...
08 Jan What’s the best way to give money to my adult children?
Be aware of gifting rules before you give away your money. ...
14 Nov How can I give a money gift in secret?
There are several options if you want to give anonymously. ...
28 Oct What’s the smartest way to gift my home?
There are several gifting strategies to consider before making a move. ...
25 Oct Do I need to file a gift tax return for these gifts?
The IRS permits certain gifts to be given without a tax return filing. ...
08 Oct Should I gift money to my kids now or wait to save taxes?
You should take your total financial plan into account before you decide. ...
01 Oct Will the IRS know if I gift money to my grandchildren?
It's upon the giver to report gifts to the IRS....