A gift letter for a mortgage verifies the source of a homebuyer’s gifted down payment funds. The gift letter proves that the funds are in fact a gift and don’t have to be repaid, and that the giver ...

A while ago I wrote about a financial gift that my parents made to my husband and me shortly after our marriage. While it ...

In his budget presentation in Springfield today, the governor lays out an improved economic forecast that staves off major ...

Foreigners working in Vietnam are required to participate in the compulsory social insurance (SI) program and health ...

Federal gift taxes will be due, however, if you give $19,000 or more in 2025 to any one beneficiary, or $38,000 for clients who file jointly. (Alternatively, clients can give a lump sum of up to ...

While the Washington, DC-based Tax Foundation estimates that the tariffs will generate around $100 billion per year in extra federal tax revenue, they could also impose significant costs on the ...