Ready to do some estate planning, but worried that the rug could be pulled out from under your feet once the Tax Cuts and Jobs
Read MoreTag: gifts
Morehouse Grads Likely Won’t Owe Taxes On Gift From Billionaire
Life just got a whole lot better for some recent college graduates. During the 2019 commencement address at Morehouse College, self-made billionaire Robert F. Smith announced that
Read MoreAsk The Taxgirl: Looking A Gift Horse In The Mouth
Taxpayer asks: Dear TaxGirl, Recently I received a request from a company to fill out a W-9 form. I am not, nor have I ever
Read MoreAsk The Taxgirl: Reporting Gifts
Taxpayer asks: Hello Tax Girl: I am in NY. My father is giving me approximately $25-$30k this year. He will be reporting the payment to
Read MoreAsk The Taxgirl: Gifts In The Workplace
Taxpayer asks: I own a small business. I was planning on getting my employees a little something for Christmas this year but I heard on
Read MoreAsk the taxgirl: Gifts and Income
Taxpayer asks: If I received $500 or say $5,000 in anonymous donations for brain surgery because I have no insurance, do I need to report
Read MoreAsk The Taxgirl: Cancellation Of “Debt”
Taxpayer asks: Two years ago, I gave my son a considerable amount of money so that he could finish graduate school without having to take
Read MoreAsk The Taxgirl: Gifts To Spouses
Taxpayer asks: I think this should be an easy question for you… are monetary gifts ($250) given to employee spouses taxable as W-2 wages to
Read MoreAsk The Taxgirl: Anniversary Presents
Taxpayer asks: This year, I will have been married for 25 years. To celebrate, I bought my wife a very nice piece of jewelry; I
Read MoreiPhone, uTax?
Working at Apple just got a little sweeter, it seems. Apple has announced that it is giving free iPhones to all 18,000 of its employees,
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