Eight Tips to Determine if Your Gift is Taxable
If you gave money or property to someone as a gift, you may owe federal gift tax. The IRS has eight tips to help determine if your gift is taxable.
If you gave money or property to someone as a gift, you may owe federal gift tax. The IRS has eight tips to help determine if your gift is taxable.
Insurance may not provide the protection needed for assets. Other strategies include transferring ownership to an entity. Learn more in this week’s Financial Tip.