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2. IRS Increases Gift and Estate Tax Exempt Limits - AOL

   www.aol.com/irs-increases-gift-estate-tax...

   Currently, you can give any number of people up to $17,000 each in a single year without taxation. For 2024, this will be increased to $18,000. ... tax-free, beginning next year. Lifetime Gift Tax ...

3. What Are Gift Tax Rates and When Do You Have To Pay? - AOL

   www.aol.com/gift-tax-rates-pay-210701793.html

   If you’re married, you can gift up to $38,000 without having to report it to the IRS — and without the amount counting against your lifetime gift tax exclusion. This means you could give up to ...

4. 2024 gift tax rate: What it is, how it works and who has to ...

   www.aol.com/finance/2024-gift-tax-rate-works...

   Here’s how the gift tax works and when you need to report gifts to the IRS. ... remember that you can each give up to $18,000 a year to the same recipient, effectively giving $36,000 to one ...

5. Gift tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Gift_tax_in_the_United_States

   A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."

6. Employer transportation benefits in the United States

   en.wikipedia.org/wiki/Employer_transportation...

   An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.

7. Employee benefits - Wikipedia

   en.wikipedia.org/wiki/Employee_benefits

   These tend to include benefits such as the government-backed (and therefore tax-efficient) cycle to work, pension contributions and childcare vouchers and also specially arranged discounts on retail and leisure vouchers, gym membership and discounts at local shops and restaurants (providers include Xexec).

8. Gift Tax Exclusion Essential Info: Understand the ... - AOL

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   However, you and your loved ones may also be expected to pay taxes on your money when … Continue reading → The post Gift Tax Exclusion Essential Info: Understand the Unified Credit appeared ...

9. Gift tax - Wikipedia

   en.wikipedia.org/wiki/Gift_tax

   In economics, a gift tax is the tax on money or property that one living person or corporate entity gives to another. [1] A gift tax is a type of transfer tax that is imposed when someone gives something of value to someone else. The transfer must be gratuitous or the receiving party must pay a lesser amount than the item's full value to be ...