13 Mar Gift Tax Law Changes Proposed by President
Posted at 06:00h
in Estate Planning, Financial Powers of Attorney, Michael Cohen Dallas Elder Lawyer, Taxes
Under current law, a donor may give $14,000 per year, per person, without having to report such gift to the IRS or be subject to gift taxes. Furthermore in Texas (which follows the federal law), a donor can give an amount in excess of $14,000...