A gift tax is required whenever a significant gift is given to an individual and a comparable gift is not received in return. The responsibility for the tax falls to the gift giver. Here, we explore a few things you should know about gift taxes, the way they work, and how the gift tax exemption has changed for 2022.
The post How the Gift Tax Exemption Has Changed in 2022 appeared first on AmeriEstate Legal Plan, Inc..
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