Gifting Basics
b'A common question we receive is what are the tax consequences of gifting money or other assets to children, grandchildren or other individuals. There is no income tax to the recipient of a gift and non-deduction to the person marking the gift. This podcast covers the tax rules that fall under the Federal Estate and Gift tax system.\\n\\nHawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses, and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota. \\n\\nListen to more of the Tax Insights Podcast at hawkinsashcpas.com/cpa-hq/podcast/'