New Tax Changes Affect Gifting Money to Minors

As the end of school approaches, many parents and grandparents consider college expenses for their children.  What once was an easy and low-tax way to give money to younger children will soon cost a good deal more.  Ashley Ebeling for Forbes explores the changes in the so called “Kiddie Tax” in her article, The Kiddie Tax Grows Up: Beware The IRA Trap

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