Hear that? It’s the sound of a pin dropping. Or my jaw dropping. Take your pick. The IRS has announced – unexpectedly – that it
Read MoreTag: gift-tax
Ask The Taxgirl: Voluntary Spousal Support
Taxpayer asks: My husband and I went through a mediator instead of a divorce lawyer. Our MSA specifies a certain spousal support amount each month.
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: 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: 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 MoreAsk The Taxgirl: “Buying” The Family Home At A Discount
Taxpayer asks: My father wants to sell me his house (approx. value of $300,000) for what he owes on it ($54,000). I know, a pretty
Read MoreUp, Up & Away… In My Beautiful Tax Balloon
As the economy continues on its wild ride, the IRS has announced a series of adjustments for tax brackets and other provisions for the 2009
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 MoreAsk The Taxgirl: Educational Expenses
Taxpayer asks: My son’s grandmother has offered to pay his tuition for graduate school this year. Can she get a tax deduction for this? Does
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