Taxes: Capital Gains & Losses
Taxes: Charitable Giving
Taxes: Deductions, General
Taxes: Estates & Inheritances
Taxes: IRS Debt
Taxes: Preparation & Filing
Taxes: Property Taxes
Taxes: Record Keeping
Taxes: Rental Property
Taxes: Self Employment
Related TopicsInvestments: Taxes
IRAs and Retirement Plans: IRAs and Taxes
It's the one-size-fits-all gift that always fits: money. Who doesn't want to receive a generous gift from a rich relative? And who doesn't daydream about winning the lottery and sharing the bounty with a few friends or family members? For wealthy individuals, gifting is a tool used to pass along their affluence without incurring hefty estate taxes. Plus, they can actually watch their loved ones enjoy it. But gifting has spawned a handful of pervasive money myths. Experts share the top five.How to Give a Tax-Free Gift
"To give a tax-free gift of $13,000 or less to a person, does it have to be a relative or can it be anyone? For example, would my daughter's husband be eligible?"Low Rate on Family Loan can Trigger Gift Tax
"I plan to lend a family member a sum of $30,000 and need to know what interest rate I should be charging him. He will be paying the loan back within six months."
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