What is a Gift Tax?

The gift tax is imposed on transfers of assets from one person to another during their lifetime if the gift is in excess of the lifetime exemption.

Related Terms

Easily save clients thousands in taxes.

Scan client returns.

Uncover savings.

Export a professional tax plan.

Tax positions for businesses and individuals

Fuel your venture's growth and innovation with the R&D tax credits. Not just for tech firms or big corporations.

Rent out your home tax-free for up to 14 days per year. Save even more if you rent to your business.

Put your fixed assets to work for you by utilizing depreciation to find and compare tax savings in minutes.

Turn your workspace into a tax-saving opportunity. Saving as much as you can? Probably not.

Instead is evolving.  New tax positions are in the kitchen. Stay tuned.