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RE: Buy Dan a New Motor Fund
Hey Y'all,
A gift is a gift is a gift. It doesn't matter to Unka Sam (or Unka Bart,
either for that matter) what the purpose of the gift is. As long as it is
below a certain (fairly generous) limit it is tax exempt. It cannot,
however be a "gift" in payment for services rendered. It must simply be a
gift with no expectation of return.
At 01:43 PM 5/7/96 -0500, you wrote:
>>>Count me in. Let's just make sure we don't get Dan in trouble...
>>>
>>>Ian Duff, New Bedford, MA
>>>1990 Coupe Quattro
>>>
>>
>>You mean like in his Tax Return when all this unsolicited contributions come
>>in?
>>But it's all cash . . .
>>
>>Or is the problem with his better half when she finds all this cash coming
>>in the mail. Mebbe we should all send to work address?
>>
>
>
>I don't know about you guys, but i think I'm just going to send my friend
>some $$$ for his birthday, complete with a card maybe.
>
>
>Happy Birthday to You,
>
>Happy Birthday to You,
>
>Happy Birthday dear Listmeister,
>
>Hope the Audi gods are through with you!
>
>Stephen A. Marinello, Ph.D.
>Corporate Technical Services
>Newpark Resources, Inc.
>P.O. Box 6411 - Metairie, LA 70009
>504/838-8222 FAX 504/833-9506
>
>
>
>
___
Bob Still looking for a nice Pearl White 200TQ...
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* Robert L. Myers rmyers@wvit.wvnet.edu> *
* Rt. 1, Box 57 304-574-2372 *
* Fayetteville, WV 25840 *
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