Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000  |  info@capaldireynolds.com

  • Follow
  • Follow
  • Follow
  • Home
  • Our Firm
    • Our Team
    • Contact Us
  • Our Services
    • Accounting, Audit and Financial Reporting
    • Tax & Tax Planning
    • QDRO and Retirement Valuations
      • Our QDRO Process
      • QDRO Fee Schedule
      • Retirement Plan Valuations
    • Estates & Trusts
    • Consulting
    • Financial Planning
  • Industries and Specialties
    • Family Business
    • Healthcare Services
    • Sports & Entertainment
    • Casinos
    • Middle Market Companies
    • Nonprofit Organizations
    • Labor Unions & Multi-Employer Benefit Plans
  • Insights
  • Online Services
    • Tax and Accounting Portal
    • Payments

family

Ask your Accountant: Family Gifts

Ask your Accountant: Family Gifts

Dec 5, 2019 | Tax

Taxes on Gifts from Parents My parents gave me a gift of $100,000. How do I pay the taxes due? The good news is that you don’t owe any taxes on gifts that you receive. Gifts are not considered income for either federal or New Jersey income tax purposes. However, if...

Recent Posts

  • Physicians Turn to Gig Work
  • Understanding QDROs and Protecting Your Retirement Nest Egg with Allison Fried
  • Those impacted by Idalia qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15
  • Summer News from Capaldi Reynolds & Pelosi
  • The World of Higher Education in 2023

Categories

  • Affordable Care Act
  • Banking
  • Business
  • Business Financial Consulting
  • Business Health
  • Capaldi Reynolds & Pelosi
  • Charitable Giving
  • Client Spotlight
  • Community
  • Crowdfunding
  • Cryptocurrency
  • Education
  • Estate Planning
  • Healthcare
  • Investing
  • News
  • Non-Profit
  • Personal Finance
  • PPP Loans
  • Quickbooks
  • Retirement
  • Social Security
  • Tax
  • Uncategorized

Contact Us

332 Tilton Road
Northfield, NJ 08225

Phone: (609) 641-4000
Email: info@capaldireynolds.com

Connect with us via our Contact Form
Privacy Settings | Terms of Service | Cookie Policy | Privacy Policy | Disclaimer