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Gifting Tax-Free in 2023

Since last month, the annual tax gift amount you can exclude has increased to $17,000 for this upcoming tax season. This means that $17,000 is the total you can gift to anyone throughout the year without facing any tax implications. … Continue reading

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Tax Free Russian Tanks

 

Some Ukrainians are currently sitting at home with an arsenal of Putin’s military equipment, and have no idea how to declare it on their tax return. According to Ukraine’s taxation department, there is no need to worry!

Ukraine has … Continue reading

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