TIS THE GIFT

TIS THE GIFT

By Tim Barkley. December 2015. The text message was from Susan: “How much can my fiancé’s mom give away in a year?” I called her back. Some things are best handled in person. “What’s up?” “Thanks for calling right back! My fiancé’s mom wants to give money to her kids before the end of the year so she can get a tax write-off. I knew there was a limit of $10,000 or something. And Bobby’s worried about how much tax he’ll have to pay on what he...

Read More