Admin

How competitive are you at different Law Schools?

Enter your LSAT and GPA scores and find out!
GPA: out of 4.0
LSAT: out of 180
Legal Forums arrow Legal Forums
Legal Forums
Welcome, Guest
Please Login or Register.    Lost Password?
Estate Planning (1 viewing) (1) Guest
Post a new message in "Estate Planning "
Name:
Subject:
topic icon:
no
Boardcode:
 Colour:  Size:   Close all tags
Message:

Emoticons
B) :( :) :laugh:
:cheer: ;) :P :angry:
:unsure: :ohmy: :huh: :dry:
:lol: :silly: :blink: :blush:
:kiss: :woohoo: :side: :S
More Smilies
 Enter code here   

Topic History of: Taxable gift
Max. showing the last posts - (Last post first)
Author Message
Aces wild i was unaware of "gift taxes"

My tax preparer has never asked me if I gave money to anyone. What is the penalty for not filing a gift tax return?
steve Dont forget that both parents (assuming that both are living) can make a joint or separate annual tax free gift of $12k each per donee. So a husband and wife can effectively make an annual tax free gift of $24k.
Sumo Im not a CPA but it sounds like its taxable. But in reality who actually files them anyway? How can the IRS track that?

There is probably an expection for it. Try emailing the moderator Steve to respond. He's a CPA/JD
Samantha Client who is father of the bride is throwing a wedding for his daughter. Father is paying for the wedding. One of the attorneys said that the father is making a taxable gift(?) The cost of the wedding is more than $12k so does the father have to file a gift tax return for the value of the wedding.

What are the execptions? It just doesnt seem right. There has to be an exception.

Thx.
Powered by FireBoardget the latest posts directly to your desktop

LegalNut Resources

Attorney jobs listings and sites with attorney salary information, attorney job search functions, and salaries by law firm.

Law school rankings show how competitive your lsat scores would be at top law schools in the US.

Law school admissions advice is available both at the LSAT forum and throughout the pre-law section, including LSAT prep options, law school personal statement help, LSAT score distributions and law school bar exam pass rates.

Polls

What did you score on the LSAT (anonymous)
 
How did you prep for the Dec. LSAT?
 
Copyright © 2006 - 2009 Rochester Ideas, LLC. All rights reserved.