Lending Money to Family? Make it a Tax Free Loan…

Lending money to a cash-strapped family member or friend is a noble and generous offer that just might make a difference. But before you hand over the cash, you need to plan ahead to avoid tax complications down the road. Let’s say you decide to loan $5,000 to your daughter who’s been out of work …

Lending Money to Family? Make it a Tax Free Loan… Read More »