CHAPTER 11: Handling Gifts From Family and Friends.

Autor: ADVANI, ASHEESH
Předmět:
Zdroj: Business Loans Between Family & Friends; Nov2009, p225-232, 8p
Abstrakt: Chapter 11 of the book "Business Loans Between Family and Friends," by Asheesh Advani is presented. It discusses the handling of gifts from family and friends. It suggests to make sure that the received amount as gift falls within Internal Revenue Service (IRS) limits and how to deal with it. It also mentions about the gift letter which is documents a one-time gift to an individual or offers loan repayment forgiveness letter.
Databáze: Supplemental Index