Frazier Allen: Generosity Within Limits
July 17, 2016
Clarksville, TN – One of the great things about wealth is getting to share it with those you care about, during your lifetime or after.
Current tax laws enable you to do just that quite generously.
As a quick reminder, here are a few ways you can make the most of your giving nature:
IRS: Eight Tips to Determine if Your Gift is Taxable
April 1, 2012
Washington, D.C. – If you gave money or property to someone as a gift, you may owe federal gift tax.
Many gifts are not subject to the gift tax, like those to a spouse or charity. The Internal Revenue Service (IRS) offers the following eight tips about gifts and the gift tax.
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