Articles, tagged with "grantor", page 1
Tax Tip on The Gift Tax: Use It or Lose It
One of the least-understood tax rules is the federal gift tax. Gift taxes are paid by the grantor, not the recipient. But taxes are seldom owed, even on substantial gifts, because everyone gets a credit that exempts up to $1 million of taxable gifts over...
The Importance of a Tax ID Number
New businesses spring up each and everyday, and while the product or service you plan to provide might be revolutionary, there are risks with all business ventures. Generally speaking, it is ideal to separate your personal finances and assets from that ...