Recent Post
Is wrapping paper christmas wrapping paper recyclable?
Yes, you can recycle Christmas wrapping paper unless it's metallic, has glitter or has velvet flocks. Wrapping paper can...
Are christmas gifts to staff tax deductible?
For example, you can deduct gifts such as a Christmas ham or a gift basket. In some situations related to donating...
What is the 5 christmas gift rule?
There's a fifth BONUS option I've heard of: Someplace to be. You can change it or call it “The Five Gift Rule for...
Do you have to report gifts under $15000 to the irs?
Spouses cannot file a joint gift tax return. Each individual is responsible for their own Form 709.The general rule is...
What should not be gifted at christmas?
To make sure you're not the person who ruins the vacation, avoid giving away these 10 items, underwear. They call them...
Do cash gifts have to be reported on taxes?
Additional gifts require a tax form, but not necessarily a tax payment. The declaration of donations and taxes are...
Do i have to report gifted money as income?
The person receiving your gift doesn't have to report it to the IRS or pay income tax or gift on its value. You make a...
Are christmas gifts tax-free?
Yes, under the right circumstances, Christmas gifts count as taxable income. The holidays are still a wonderful time of...
