The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return.
Mind Your Business
Mind Your Business Week of 2-13-2013
- Wednesday, 13 February 2013 17:11
Mind Your Business Week of 1-30-2013
- Tuesday, 29 January 2013 18:45
The real way to tell if this is for you is to ask yourself one question, am I willing to lose everything I have to be my own successful boss? If the answer is NO, then don’t do it. Enjoy your fixed salary, have 2 or 3 kids, and collect your state pension.
Mind Your Business Week of 1-23-2013
- Tuesday, 22 January 2013 19:12
In addition to the explicit increases in taxes, some old provisions are back that will have the same tax-increasing impact. In particular, two separate rules that phase out certain deductions for high-income taxpayers came back this year after having been absent from tax law since 2009.
Mind Your Business Week of 1-16-2013
- Tuesday, 15 January 2013 18:24
So in 2013 be prepared to move forward in the electronic age but continue to ‘mind your business.’
