Taxable Gift Money

Giving or Receiving Gift Money? Know the Tax Implications

February 16, 2019October 22, 2019Borrow, Personal Finance, TaxesGift money, Know the Tax Implications, Taxable Gift Money

How much money can I give or receive a gift, tax-free? This is a common question tax-payers have in mind. The answer depends on how well you use the gift tax laws to your advantage. During your lifetime you can Read More

Lending Money to Relatives? Do it the Tax-Smart Way

February 15, 2019October 22, 2019Borrow, TaxesKnow the Tax Implications, Taxable Gift Money

No law prevents you from loaning money to family members. But, when you do so, it’s important to exercise caution. Why? Because, apart from the risks involved in mixing family and money lending, you may also have to deal with Read More

Taxable Gift Money

Giving or Receiving Gift Money? Know the Tax Implications

Lending Money to Relatives? Do it the Tax-Smart Way

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