The federal gift tax exclusions for 2009 is $13,000 per giver per recipient.
You can find more details here at the IRS website.
The federal gift tax exclusion for 2008 was $12,000.
A professionally successful couple in their late 30s discuss the complexities of investing, family finances and deferred parenthood.
incr. n/w by $100K in 2009Incr. ops cash rsrv. to $100k Save $33k for retirement