Does Florida Have a Gift Tax?

If you have an interest in making a significant gift to friends of loved ones, you may be wondering what the tax consequences of doing so may be. Giving should be easy, and it often is, it is just important to make sure that you understand the tax consequences, if any, so you can make an informed decision. When you understand how tax law works, and how financial gifts can be affected, it is even possible to develop a long-term giving strategy that maximizes the benefits and safeholds of state and federal tax laws and regulations.The good news is that...

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