Forms and Filings

Gift Inflation Adjustments in 2017

Annual gift exclusions for 2017 Form 709 United States Gift (and Generation-Skipping Transfer) Tax Return remain at $14,000 to each donee during the calendar year.  The annual exclusion for gifts…

Elections Forms and Filings Internal Revenue Code Nonresidents

Benefits of Election 83(b) for Nonresidents

An individual who receives property in exchange for the performance of services generally would report the fair market value of that property received as ordinary income, subjecting the individual imposition…