Two years after receiving a $10 million gift to target healthcare’s biggest issues, Cleveland-based University Hospitals has received an additional $13.5 million to accelerate the project.  In June ...

Taxpayers may be subject to the risk that an IRS examination could increase (or create) a gift tax or estate tax liability many years after a gift is made. Practitioners can help clients limit this ...

“FINRA believes that the proposed US$250 gift limit would continue to permit the exchange of business courtesies while ...

But a gift also includes items of value or the use of property ... Recently the IRS released the 2025 numbers, which did increase with inflation. Beginning in 2025, a person can give away up ...

Americans are set to spend a record $24bn on Father’s Day in 2025, according to new data from the National Retail Federation.

(In tax year 2024, it was $18,000.) Defining a Gift A gift is anything of value that is transferred from one individual or entity to another, without anything expected in return. The following ...