A Reddit user suspects their friend lied about her financial situation in order to draw more monetary gifts for their wedding ...

Cash gifts and income are subject to IRS reporting ... consulting or other self-employment – even if you don't get Form 1099 from the person or company who paid you. The IRS likely isn't ...

More than 275,000 senior citizens will be receiving P10,000 each this year as initial beneficiaries of a law signed by ...

Too many Americans get a failing grade ... Keep in mind that money that you contribute to the Roth IRA can count as a gift within your yearly gift tax exclusion ($18,000 for 2024 and $19,000 ...

Stash your cash gifts "in a high-yield savings account that ... From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

According to the National Association of Realtors, only one in four first-time buyers used a gift or loan from family or friends to fund their down payment. If you don’t have gift money to help buy a ...

Tax Rules for Giving or Getting Cash Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're the giver or receiver.

Cash is acceptable as a graduation or wedding gift, and some people — particularly ... with friends or an extended stay for a family get-together, shared expenses should be discussed in detail ...

Getty A woman says her cousin has left family members feeling "insulted" after getting their names wrong on her wedding shower invitations — and demanding they give her cash only as a gift.

Once you do, the free money via Best Buy gift card will be sent to your inbox. Unfortunately, you can't apply the $30 savings to your initial Airbnb gift card purchase. But it's nice to get a ...