Young and the Invested on MSN

What Is the Gift Tax Exclusion for 2026?

Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift!
How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can ...
CENTENNIAL, Colo., August 26, 2025--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) today announced the filing of its Annual Report on Form 10-K for the fiscal year ended March 31, 2025, with the ...
Benjamin Franklin coined the saying, “In this world, nothing is certain but death and taxes.” But what about when death and taxes coincide, such as when someone dies during the year and has a tax ...
Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...
Resident taxpayers earning foreign income often face the issue of double taxation—being taxed in both the source country and the resident country. To address this, the Indian Income Tax Act allows ...
Here's a list of documents you need while filing your ITR for FY 2024-25 (AY 2025-26). While filing an ITR, you should gather all your relevant documents in advance. These documents are: Details of ...
ITR filing FY 2024-25: Salaried taxpayers preparing to file their Income Tax Return (ITR) for AY 2025-26, with a deadline of September 15, 2025, should have their Form 16 ready. This form, ...
Giving or receiving financial gifts can be a generous act, but it often comes with tax responsibilities that many overlook. The rules around tax filings after financial gifts are more complicated than ...
When filing your Income Tax Return (ITR), one of the most common questions taxpayers have is: Which form should I use, and how can I maximize my tax savings? If you have income from house property, ...
A Supreme Court Bench, which heard a plea against the Special Intensive Revision (SIR) exercise carried out by the Election Commission of India (ECI) in poll-bound Bihar, instructed the political ...
The Income Tax Return - Updated (ITR-U) is a new form introduced by the Income Tax Department under Section 139(8A) of the Income Tax Act. It was launched via the Finance Act 2022 and later updated in ...