The return (Form 709) is due on or before April 15 following the close of the calendar year for which the return is made; however, if the donor is given an extension of time for filing the income tax ...

Knowing the annual gift tax exemption can save you time and money.

The gift tax is an item that will not be on the radar of most taxpayers, but in special circumstances, it could impact your taxes. However, the good news is that while large gifts may require you to ...