Endodontic therapy, also known as a root canal, is recommended if the pulp in a tooth dies from infection by decay-causing bacteria or from trauma. During a root canal, the pulp of the tooth, including the nerve and vascular tissues, is removed along with decayed portions of the tooth.
Generally, gifts aren't taxable to the recipient, but compensation is. Transfers for past services are compensation income; transfers because of admiration, affection or charity are gifts.
Thatâs because, after exhausting your annual exclusion, you then have to exhaust your lifetime exclusion before you actually have to pay any gift tax. For example, if you give $40,000 to your brother in 2015, you will have made a taxable gift of $26,000 (that is, $40,000 minus the $14,000 annual exclusion).or gifts that donât fall under any of the above exclusions, you can still give (for 2014 and 2015) up to $14,000 per year without the gift being taxable. A key point here is that this annual exclusion is per donor, per recipient.