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Currently, there is a gift limit of $10,000 per year per people. So, it may be best to pay/receive it over a two-year tax timetable. Likewise, be sure a check or wire transfer originates from each person. Again, not over $10,000 per gift giver each year is possibly deductible. Any politician who attacks small business should be thrown on his ears, we employ over two-thirds of all Americans. Dah? Loser politician attorney in Portland, ought to know better. Think on this kind of.