Tag: gift tax

IRS Crummey Gift Tax Audit

Chris Moss CPA Tax Attorney

Welcome to TaxView with Chris Moss CPA Tax Attorney Do you all own a family business and want to start the process of transferring ownership to your children without getting hit with large gift and estate taxes?   Best practice suggests you consider gifting to your minor children, or if you are the older children, have …

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When a Gift Is Not a Gift

Chris Moss CPA Tax Attorney

Welcome to TaxView with Chris Moss CPA Are you an entrepreneur with family business? Have you thought about your children and grandchildren being more involved in your business? Perhaps a Family Limited Liability Company (Family LLC) is just what you need. Properly structured for your unique situation, the Family LLC is a 21st century way …

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Death Gift Estate Tax For Beginners

Chris Moss CPA Tax Attorney

Welcome to TaxView, with Chris Moss CPA Death tax is a fact of life, or death, as the case may be, and death taxes have been taxing estates for thousands of years. Euphemistically referred to as “estate tax”, the tax is assessed when assets are transferred to your beneficiaries on that special day of your …

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