Posts tagged as:

gifts

Ask the taxgirl: Cancellation of “Debt”

31 May 2009

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 out any student loans. Last year, he announced that he was “taking a break” from school. Since he was no longer going to school, I asked him to give [...]

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iPhone, uTax?

29 June 2007

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, at a cost of over $10 million to the company. Each of the models is worth about $600.
Cool, right?
The new phones are set to be distributed to employees at the [...]

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