Michael and Susan Dell’s donation made news for a lot of reasons. Here’s what you need to know about private foundations, ...

The 2025 gift tax exclusion allows $19,000 in tax-free gifts per person, helping high earners manage future estate taxes.

One of the crypto industry's longtime Republican allies in Congress introduced a bill to allow individuals and businesses to pay taxes in bitcoin BTC $91,535.98 without triggering capital gains ...

A judge halted a federal deportation effort Friday, writing that the tax agency had illegally disseminated the data of some migrants. By Andrew Duehren Andrew Duehren covers tax policy. A federal ...

Cook County Board President Toni Preckwinkle won swift approval of her $10.12 billion 2026 budget on Thursday, calling its passage a protection against President Donald Trump’s cuts. “The Trump ...

Rep. Warren Davidson introduced the Bitcoin For America Act today, letting Americans pay taxes in Bitcoin to fund a Strategic Bitcoin Reserve. Rep. Warren Davidson (R-OH) introduced today the Bitcoin ...

Update: The bill to end the federal government shutdown was passed and signed into law by President Trump on Wednesday. Minnesota’s pioneering hemp-derived THC industry could collapse if a provision ...

PORTSMOUTH, Va. — Portsmouth City Council member Kathryn Bryant wasn't on City Council when it received millions of dollars in American Rescue Plan Act funding. Now, thousands of unused dollars will ...

Our gift tax calculator estimates how much of your annual and lifetime exclusions will be used up by your gift, and whether you'll have to pay any taxes on it. Many, or all, of the products featured ...

Tax and estate consultant Gary Phillips, based in New York, says as tax season approaches, the mood is upbeat among his clients. The reason? The extension of a series of tax breaks approved by the ...

EL PASO, Texas (KFOX14/CBS4) — Food City announced the launch of the Food City Community Support Gift Card program, aimed at assisting SNAP recipients and federal government employees affected by the ...