Over the rest of Japanese recorded history, sumo's popularity has changed according to the whims of its rulers and the need for its use as a training tool in periods of civil strife. The form of wrestling combat changed gradually into one where the main aim in victory was to throw one's opponent.
Gifts. According to the IRS, certain gifts are not taxable. These include gifts that are less than the annual exclusion amount. As of 2012, a married couple can give up to $26,000 tax-free, referred to as gift splitting.. If you pay tuition or medical expenses for someone, you don't have to pay tax on the money.Gifts to your spouse are also tax-free.s of 2012, a married couple can give up to $26,000 tax-free, referred to as gift splitting.. If you pay tuition or medical expenses for someone, you don't have to pay tax on the money. Gifts to your spouse are also tax-free.
Gift taxes for 2014 In good news for you -- and possibly for those who receive your gifts -- the gift tax exclusion has risen in recent years. For 2013 and 2014, you can give up to $14,000 per person before you are required to file a gift tax return.You may be able to give more than $14,000 to someone without having to file a gift tax return. You can pay someone's medical expenses or tuition directly without counting the amount you pay as a gift.he amount that your gift exceeds the annual limit is applied to your lifetime gift tax exemption. The exclusion amount in 2014 is $5,340,000. If you're the recipient of a generous gift, you have even less reason to worry.