To be tax-smart about giving to individuals, givers have to be mindful of the IRS annual gift-tax exclusion, which is $18,000 in 2024 and $19,000 in 2025. A person can give that amount to as many ...
My husband has a parent PLUS Loan debt for his daughter from his first marriage, totaling several thousand dollars. He has also incurred a five-figure credit-card debt in his name only during our ...