In the most recent segment of Ask the Hammer, Jeffery "the Buckinghammer" Levine answered this reader's question: "We are hearing a few conflicting answers when it comes to superfunding a 529 plan and ...

Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you have to follow the gift-tax rules.

Text Callout : Key Takeaways - 7 Tax Rules to Know if You Give or Receive Cash Whether you receive cash tips as part of your job in the gig economy or are giving a cash gift to a relative, you need to ...

Most gifts don't require this IRS form, but find out if you're a special case. Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, ...