How Much Money Can You Give Your Children Before the IRS Comes Calling?

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There’s a lot of confusion regarding gifting money to children.  What are some of the guidelines? What are the tax limits on how much you can give? What are the practical limits on how much you can actually afford to give? Watch Szarka Financial’s CEO Les Szarka, CFP®, ChFC®, discuss these issues with News Anchor Gabe Spiegel.