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Annual exclusion

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Annual exclusion
A tax rule allowing the deduction of certain income from taxation.
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disallowed the use of the $11,000 gift tax annual exclusion in a family limited liability company (an "LLC" taxed as a partnership), and
IRS scores significant victories in recent attacks on family limited ... by Richardson, D. Matthew / Los Angeles Business Journal
A donor therefore does not use any GST exemption for outright annual exclusion gifts to skip people.
Iceberg ahead! Navigating the murky waters of gift-tax-return ... by Kanyuk, Amy K. / Journal of Accountancy
Atrap for the unwary: that is what obtaining an annual exclusion for gift tax vs.
Crummey Tax Trap by JOSEPHS, STUART R. / California CPA
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