Gift Tax

Caveat Emptor – When it Comes to Out-of-State Tax Preparers

Posted on: October 8th, 2006
I recently had a client come in who had made a gift of over $120,000 to her brother several years ago, using funds that had originally come from their mother. She used the mother’s accountant in Florida to prepare her gift tax return. ...

North Carolina to Reform Gift Tax?

Posted on: November 30th, -0001
On February 15, 2007, bill H235 was introduced in the North Carolina General Assembly to reform the North Carolina gift tax so that it would be based on the federal gift tax. ...
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