tax deductible gifts – The Burns Firm – Advisors of Complex Financial Matters

Consider All the Tax Consequences Before Making Gifts to Loved Ones

October 23rd, 2018|Categories: Accounting, Burns Firm, Services, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: CPA, Form 1040 tax preparation, gifts to family and tax consequences, minimize beneficiary income tax, minimize your tax, tax, tax deductible gifts, tax return preparation, The Burns Firm|

Many people choose to pass assets to the next generation during life, whether to reduce the size of their taxable estate, to help out family members or simply to see [...]