Todd Schanel, CFA, CPA, CFP® Jackie Goldstick, CFP® and Jonathon Fernandez-Rubio, FPQP®

Demystifying the Gift Tax

Understanding the Federal gift tax is essential for sound financial planning. This article aims to explain key concepts, debunk some common misconceptions, and outline some practical strategies for those who wish to incorporate gifting into their financial plan.  A gift is a transfer of property. The IRS considers a gift to be any transfer of cash…

Details