Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Attorneys representing former Baltimore City State’s Attorney Marilyn Mosby asked a federal appeals court on Friday to ...

It's possible to receive gift funds that would cover your entire FHA down payment, but you must follow guidelines, especially ...

"For Love & Money" answers your relationship and money questions. This week, a reader's husband wants a gift to their son to be repaid.

A former bishop of The Episcopal Diocese of Florida has been accused of financial misconduct while he was in office, with the ...

When I came out of the school, I was making less than I was waiting tables at Olive Garden,” one former student said.

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

The bat mitzvah is a coming-of-age ceremony for Jewish girls—one that celebrates their transition into adulthood. These are ...

With all the uncertainty surrounding student loans, scammers are preying on individuals who are looking for lower payments or ...

WNBA star Angel Reese surprised her mom to paying off her mortgage as a birthday gift during a recent episode of Reese's "Unapologetically Angel" podcast.