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gift tax

Tax Guide

The gift tax: Be generous while avoiding paying extra in 2019

Generosity is a beautiful quality and perhaps the best way to tell someone how much you love and value them. According to the website of the Internal Revenue Service, ...

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Tax Guide

6 Things You Need to Know About IRS Form 709

IRS Form 709 helps you report major financial gifts you made during the past year! Continuing where we left off with our review of major tax forms you’ll need ...

Tax Guide

Giving with Form 709, the Federal Gift Tax

This post was updated in April 2018 During 2017, did you give members of your family – say grandchildren – gifts of cash to help them deal with expenses? ...