Let’s say that you would like to give money to your son and his wife. How much can you give them without triggering the gift ...

Gifts you make throughout your lifetime can be protected from taxation by exclusions of many millions of dollars if you ...

IRS letters can be stressful, but they’re usually about common issues. Knowing why you got one and how to respond can help ...

But at the end of the day, the IRS ... for money, the poster should just ignore them or return them unopened. A good idea is to write that the recipient has passed away and have the letter ...

Couples are requesting cash instead of ... But exceeding the annual gift tax exclusion doesn’t mean you have to pay a gift tax—it simply means you need to submit IRS Form 709 to disclose ...

With a Lewiston Sun Journal subscription, you can gift 5 articles each month ... Trump administration is the downsizing of the Internal Revenue Service. This is not a new goal for Republicans ...

While there are plenty of free tools available to find out if the IRS is holding money due you, professional advice may be needed for complex situations. Following a few simple steps is all that ...

Angelica Leicht is the senior editor for the Managing Your Money section for ... Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized ...

A gift letter for a mortgage ... be gift tax implications. The IRS’s annual exclusion for gifted amounts maxes out at $19,000 in 2025. The person gifting the money may need to file a gift ...

The Congressional Budget Office reports that for every dollar spent to bring in a new IRS agent, $5 to $9 more will be generated. Stay vigilant. Joseph DantasUnion Township ...