In an initial response to the COVID-19 pandemic, the IRS and the State of Connecticut extended the time for filing income tax returns and paying 2019 income taxes and 2020 estimated income taxes. 1 ...
Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you have to follow the gift-tax rules.
Image source: asenal29, Wikimedia Commons. Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you ...
Most gifts don't require this IRS form, but find out if you're a special case. Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, ...
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