Gift Tax Basics

  • January 12, 2011
  • Steve Wisinski, CPA, MAFF

Despite the turmoil within the Estate Tax arena most experts (including the ones here at ShindelRock) are confident that Gift and Estate Taxes are not going away any time soon. Gift taxes are still being collected and are still an important part of one s overall estate plans. This article from the July issue of The Tax Adviser is a good primer on what the gift tax is, who is subject to it, and how it could affect you.

If you have any questions on how this may affect you and your planning strategies contact us to help.