When Your Gifts Cost You Unexpected Penalties
Gabriel Katzner - June 21, 2022 - Asset Protection
The federal tax code is very specific about how much you are allowed to gift others in any given year or over a lifetime. If you go over that amount, you, the giver, get an unwanted gift from the Internal Revenue Service (IRS) in the form of a gift tax. However, not every gift is […]
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