It is very rare for an ordinary household to owe money on gifts. The gift tax has a somewhat complicated two-tier structure. Each year you can give up to an annual amount (the "annual exclusion") ...
This 529 strategy — superfunding a 529 — can help you maximize savings for a child or grandchild's education expenses.
A federal court ruling could reopen the window to recover or abate penalties and interest accrued during the COVID-19 ...