If you exceed the annual gift tax limit, you may have to file a federal gift tax return (IRS Form 709). But exceeding the limit doesn't necessarily result in owing tax, thanks to a high lifetime ...

OMB’s memorandum is a major step forward. It recognizes that modern financial reporting must serve the public interest, not ...

U.S. Congressman Andy Barr (R-KY) spoke on the House floor urging his colleagues in the U.S. House of Representatives to pass ...

And though the bank may report the deposit of cash you received for, say, selling your car, you don't need to fill out a Form 8300 to record that sale because you aren't in the car sales business.

Updated: New vetoes added Nearly 150 new Florida laws went into effect on July 1 after Gov. Ron DeSantis signed ...