Money’s a Great Gift — But Is It Taxable?
Did you know that if you give away too much money to someone you might be have pay taxes for your generous donation? But even so, the gift tax doesn’t affect too many people and there are a few ways to legally avoid paying the tax.
Read the story: What Are Gift Tax Rates and When Do You Have to Pay?
More on Taxes and Tax Law:
- States With Inheritance Tax
- How Much Money Gets Taken Out of Paychecks in Every State
- These 15 Countries Pay More in Taxes Than Americans
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