What are the legal and tax implications for friends and family?
I've purchased a home and I'm renovating it to put in a B&B. I'll also live there. Friends and family want to contribute money to my effort in amounts up to $5,000. What are the legal and tax implications of this for me and for those who give me money?
by My Esoteric14 months ago
The latest analysis of who benefits most (in terms of percentage change) from Donald Trump's tax plan. It was done by an Obama economic adviser AND agreed to by the conservative Tax Foundation (funded by...
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What are the implications for Pres Obama now that healthcare reform has been dubbed a tax?On the campaign trail four years ago and since taking office, Mr. Obama has been fond of saying that middle-class families will...
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Please share your thoughts, experiences and ideas so that others may have some ideas before joining.
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