The thyroid gland produces hormones that are essential for normal body metabolism. Blood testing is now commonly available to determine the adequacy of the levels of thyroid hormones. These blood tests can define whether the thyroid gland's hormone production is normal, overactive, or underactive.
If you give people a lot of money, you might have to pay a federal gift tax. But the IRS also allows you to give up to $14,000 in 2014 to any number of people without facing any gift taxes, and without the recipient owing any income tax on the gifts.ut most gifts are not subject to the gift tax. For instance, you can give up to the annual exclusion amount ($14,000 in 2014) to any number of people every year, without facing any gift taxes. Recipients generally never owe income tax on the gifts.
âHow much can I give per year without having to pay any tax? I read in one place that itâs $14,000 and in another place that itâs over $5 million.â. First, a quick point of clarification for any readers new to the topic: The recipient of a gift does not have to pay tax on it. It is only the person giving the gift who has to worry about the gift tax.