Gift While the Gifting’s Good
Posted on Jan 2, 2020
by Reg P. Wydeven
Last week I wrote about the IRS’s gift tax rules. The annual gift tax exclusion, which is currently $15,000, is the amount of money (or the value of other property) a person can give away each year to any individual without having to report it to the IRS. If someone gives more than $15,000 to […]