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« ANOTHER WORD ABOUT “FRINGES” TO OFFSET EMPLOYEE COMMUTING COSTS | Main | CLAIMING “MEALS & INCIDENTALS” IS ABOUT TO BECOME EASIER FOR SMALL BUSINESSES »

Is Cash Gifting Illegal ? Do You Pay Taxes ? Is It New ?

By KimBeckersServices | November 26, 2008

Topics: Tax Talk |

One Response to “Is Cash Gifting Illegal ? Do You Pay Taxes ? Is It New ?”

  1. Anonymous Says:
    November 26th, 2008 at 10:49 pm

    So let me get this right, if you had 100 “friends” who just decided to give you $1000 a peice you would not be required to pay tax? and they can do this every year? So now the question is how do you get people to just give you $1000? or am i missing something. Please tell me :)

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