Inheritance Funding reports inheritance advances aren't taxable in the US, serving as a financial lifeline for heirs facing ...

Setting tax rates is a delicate task for policymakers, who must promote fairness without pushing firms and wealthy ...

A MoneySense reader is worried about a real estate transfer that her mother made to her that could become a problem for her.

An error has occurred. Please try again. With a Centralmaine.com subscription, you can gift 5 articles each month. It looks like you do not have any active ...

In our weekly series, readers can email any question about their finances, to be answered by our expert, Rosie Hooper. Rosie is a chartered financial planner at Quilter Cheviot Financial Planning and ...

A UAE resident received Rs 80 lakh as a gift from his brother-in-law. The tax department issued a Rs 69 lakh tax demand.

"I'm thinking of transferring the money to her Roth IRA, which was established when she was a teenager." (Photo subjects are models.) ...

The legendary filmmaker Norman Jewison had always planned to leave his $30-million estate to his three children. Then, in a ...

ITAT Kolkata held that gifts received from a brother-in-law are exempt under Section 56(2)(vii), as the relationship qualifies as relative for tax ...

The Internal Revenue Service has long offered taxpayers the option of receiving their refunds by check by mail, or by direct deposit — but those days are officially over. “This marks the first step of ...

Last week, a state appellate court declared that a 2020 ballot measure to increase hotel taxes in San Diego is valid even though it did not receive the two-thirds approval that voters had been told it ...