Switch to ADA Accessible Theme
Close Menu
+

Tag Archives: Tax Consequences of Loans and Gifts

Tax1

Tax Consequences of Loans and Gifts

By David Toback |

When the bank loans you money, it’s pretty clear that it’s a loan. The bank will make sure of that by making you sign documents evidencing you’re taking out a loan. But sometimes the line between a loan and a gift isn’t so clear. Loans or Gifts? If Cousin Louis “gives” your business $50,000… Read More »

Facebook Twitter LinkedIn