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Monthly Archives: February 2014
Article Highlights: A gift tax return must be filed if you give gifts in excess of $14,000 per recipient during the year. Directly paid medical and educational gifts are excluded. Married individuals can increase the annual $14,000 exclusion to $28,000 … Continue reading
Article Highlights: Purchased websites can be amortized over the course of 3 years or expensed under Sec 179 In-house developed websites can be expensed or amortized over the course of 3 years Non-software costs, such as graphics, must be amortized … Continue reading