What are the federal gift-tax limits?

Answer The IRS defines a gift as property given by one individual to another while receiving less than its value, or nothing, in return. A gift can be money, real estate or other items of value. Gift tax ... Read More »

Top Q&A For: What are the federal gift-tax limits

What Are the Filing Limits for Federal Income Taxes?

If you are a citizen or resident alien, you must file a federal income tax return if your income exceeds certain limits. All income, regardless of whether it was actively or passively earned and re... Read More »

What does Della sell to be able to buy a gift for her husband in O. Henry's"The Gift of the Magi"?

In the O. Henry story "The Gift of the Magi," Della sells her hair to buy a chain for her husband's watch. But when Della gives Jim the chain, she discovers that he has sold his watch in order to b... Read More »

Should I Give a Gift From the Registry or a Money Gift at the Actual Wedding?

The crankshaft position sensor on a 1992 Dodge Stealth is part of the network of sensors that provide the powertrain control module (PCM) with information about the operational state of the engine.... Read More »

This deparment operates the federal bureau of investigation which investigates federal violation?