Um, there is none. Seriously. And just three more days left in the year. The discussions about the constitutionality of a retroactive tax have already
Read MoreCategory: estate & gift
Noise On The Hill: Estate Tax Update
Wow, they did it. The House really did vote on a federal estate tax bill. And it passed. The vote was narrow and partisan: in
Read MoreAsk The Taxgirl: Charitable Donations & Estates
Taxpayer asks: Can you tell me what the tax implications are for donating inherited items? My mother passed away about a year ago and I’m
Read MoreFederal Estate Tax Bill Up For A Vote
I, for one, am just reeling about the possibility that the House may vote on legislation to extend current estate tax rates. Shocked. I mean, there
Read MoreAsk The Taxgirl: Income Tax On Gifts
Taxpayer asks: Recently my father-in-law passed away. My Mother-in-law is planning on selling her home and giving each child $10,000 and then putting the rest
Read MoreAsk The Taxgirl: Michael Jackson's Funeral
One of my recent “ask the taxgirl” questions involved whether Michael Jackson’s funeral expenses were deductible. When I paused to consider whether I wanted to
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: Income Tax Consequences Of A Gift
Taxpayer asks: Hi Tax Girl QuestionIf someone pays my Credit line directly. i.e. they write a check directly to my bank to lower my credit
Read MoreAsk The Taxgirl: Gifts To Children
Taxpayer asks: 7 years ago when I divorced I spent alot of the money I received on my children. Now I read that maybe I
Read MoreFederal Estate Tax Makes News Again
Remember years ago when there was a lot of buzz about the federal estate tax “repeal” set to take place in 2010? It’s still law.
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