Sending a birthday card or other gift? Here's what the U.S. Postal Service says about the legality of sending cash in the ...

Cash gifts and income are subject to IRS reporting ... Then, your activity could constitute a business. In that case, you'd need to report the money as income on Schedule C or another business ...

In the matter abovementioned ITAT allowed the appeal of the assessee after deleting the addition made u/s 68 after observing the fact that assessee had filed relevent details during assesssment.

Despite "popular convention" that giving cash as a gift is "uninspired," etiquette expert Lizzie Post previously told Vox that that's not always the case. The key, Post said, is to make this ...

“However, cash and cash equivalents, such as checks or gift cards that can be exchanged for cash, must never be accepted in any amount. Furthermore, no employee may accept more than $50 worth of ...

Keep in mind that money that you contribute to the Roth IRA can count as a gift within your yearly gift ... they reaches the age of majority. In the case of an adult, your adviser or brokerage ...