Telomerase, also called terminal transferase, is a ribonucleoprotein that adds a species-dependent telomere repeat sequence to the 3' end of telomeres. A telomere is a region of repetitive sequences at each end of a eukaryotic chromosomes in most eukaryotes.
There are two limits for tax-free gifts: an annual ceiling of $13,000 to any one person, and a separate $5 million lifetime limit. Compromise legislation passed in 2010 set the tax exemption limits and indexed them for inflation, but the legislation is due to expire at the end of 2012, so the limits could change.
Gift tax doesn't apply to little things like holiday presents and birthday gifts. In IRS terms, it applies to the $26,000 a couple can give away in one year without tax consequences. For singles, the cap is $13,000.If you give more than that amount, the excess gets subtracted from a lifetime unified credit of $5.12 million. Future gifts in excess of your cap are subject to gift tax.If you've never used your unified credit, you can give up to the cap, plus $5.12 million to a single recipient before triggering the gift tax.or singles, the cap is $13,000. If you give more than that amount, the excess gets subtracted from a lifetime unified credit of $5.12 million. Future gifts in excess of your cap are subject to gift tax.