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Understanding Gift Tax: Key Components for Effective Financial Planning
The Sampson House The Sampson House

Understanding Gift Tax: Key Components for Effective Financial Planning

Understanding gift tax is crucial for effective financial planning. This blog explains the 2024 tax-free gift limit, including annual and lifetime exclusions, as well as who pays the gift tax. A Woods Fuller tax law attorney can guide you through these complexities, ensuring your gift-giving strategy remains tax-efficient and aligns with your overall financial goals.

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Selecting an Entity Type When Starting a Business
Sterling Nielsen Sterling Nielsen

Selecting an Entity Type When Starting a Business

Selecting the correct business entity is vital for entrepreneurs, impacting legal structure, liability, taxes, and flexibility. This guide compares partnerships, corporations, S corporations, and LLCs, helping you choose based on your business goals and vision.

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