Tag: Tax issues

Tax Code, Regulations and Guidance

Gifts Of Equity Can Produce Unexpected Tax Pitfalls

January 11, 2022

Via: JD Supra

Tax issues, said Neil V. Carbone, partner at Farrell Fritz, P.C., in New York, include gift tax and income tax. A sale for less than fair market value involves a partial gift. If the amount of the gift exceeds certain […]