If you give the money to her instead you and your Wife can each gift her $14,00 without becoming taxable to her, if that is not enough to cover the cost you can each give whatever leftover amount to her daughter, also with no tax consequence, the lady can then pay for the van, paint job and steam cleaner and expense the whole mess off against her taxable income in 2015, a double win. If you give her the whole smear outright you and your Wife can still give up to the maximum value of $14,00 each but it would have to be in her name, not a business name, still no tax to her but no deduction either.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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