gift tax

If you've got children or grandchildren on your holiday gift list, instead of just buying sweaters or electronic gadgets, try turning your year-end gift giving into smart estate planning, too. Tax experts say that before 2010 comes to a close, many older Americans, retirees and well-heeled...

Tax Day 2010 has come and gone, much to the relief of many taxpayers. But it's never too early to start planning for the next tax year. Given all of the government's moves to stimulate the economy -- and the debt it has acquired doing so -- can you expect to pay more or less in taxes in 2011?...

It's an annual rite of passage that almost every taxpayer goes through: Interpreting the latest and greatest IRS rules. Of course, that leads to lots of tax questions. Luckily, we have the answers. Below tax blogger and attorney Kelly Phillips Erb tackles some of your top tax questions.

Someone wants to give you a gift of money (lucky you!) but you don't know what to do in terms of your tax return. Rest easy! As the receiver of the gift, you don't have to do anything. I admit it... the tax rules surrounding gifts are a bit counterintuitive. The giver of the gift is the one who...