IRS, Hollywood Foreign Press Association Reach Agreement on Golden Globe Gift Baskets
This really isn’t directly related to real estate investing, but it’s a demonstration of how our income tax system is so pervasive and how we must consider the tax consequences of virtually everything we do, even when it comes to giving gifts.
Click here to read the news release from the IRS titled “IRS, Hollywood Foreign Press Association Reach Agreement On Gift Baskets.”
Then click here to learn about a solution to the problem, which is the FairTax.
Jackie
