Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax.

Completing a gift to a trust that is more than the annual ... Capital gains taxes are calculated based on the maximum federal capital gains tax rate in 2024 at 20% federal, plus an additional ...

After death, any remaining exclusion reduces your estate’s taxable value, with estates exceeding this exclusion facing a 40% tax rate. So, what qualifies as a gift? The IRS defines a gift as a ...

Republican lawmakers in Congress introduced the Death Tax Repeal Act, which aims to permanently eliminate the federal ...

Understanding Ghana’s gift tax laws According to the Ghana Revenue Authority (GRA), the tax payable on a gift from an investment is 25 percent for a resident Ghanaian and 30 percent for a non ...