I would like to pay off my grandchildrens college loans which are more than the allowable "tax gift". Can I do that without it being a gift to them, and without IRS penalties?
Asked on 9/27/09, 3:49 pm
1 Answer from Attorneys
Mark Cohen
The Cohen Law Group, A Professional Corporation
I refer all my tax work to Jeff Cohen, 303 733 0103. He is a CPA and an attorney.
Answered on 10/02/09, 5:22 pm
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