April 24, 2009 6:37:47 AM PDT. Slot machines are only supposed to be legal at one place in North Carolina. That's the reservation in Cherokee. But a loophole in state law is allowing a hi-tech version of slots to stay in play-for now anyway. In Garner, a sign on the storefront of a strip mall says fax, copy, internet. But inside, you don't see a traditional copy store. Instead, you see rows and rows of computers, lots and lots of people, and a very familiar sound: slot machines.
You can take money from your IRA account to give to your spouse, children or grandchildren to pay for approved higher education expenses without paying a penalty for the early withdrawal from your IRA.You will owe any applicable taxes on the withdrawal, but tuition expenses are exempt from gift taxes.ou can take money from your IRA account to give to your spouse, children or grandchildren to pay for approved higher education expenses without paying a penalty for the early withdrawal from your IRA.
Under IRS regulations, a parent or anyone else can give you a gift of up to $13,000 per year, tax-free. If it's from both of your parents, they can give you up to $26,000. And if they have the means and are willing to include your spouse in their largesse, that rises to $52,000.