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Ms. Kaufman said taxpayers need to be aware that there is no special exception to the rules when making a transfer to a family member.
WSJ: IRS Scrutinizes Gifts of Real Estate
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The consumer can pay bills, make purchases, transfer money to a family member or friend, receive money and perform a variety of other activities.
FORBES: How Tech Can Help Financial Firms Reach The Underbanked
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The buyer can lease, sell or transfer the property to another family member, and if he dies, his property can be passed to an heir.
FORBES: A Casa of Your Own
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It commits member states to ensure the safe transfer, handling and use of what it calls LMOs, living modified organisms, known also as genetically modified organisms.
BBC: Doubts beset biosafety treaty
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Europe's governing body is keen to introduce a rule preventing the international transfer of players under the age of 18 after member associations, clubs, leagues and players agreed to the principle at a March meeting.
BBC: Man Utd deny 'stealing' youngster
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At fault, Professional Contractors Group council member Gurdial Rai told the Times of India, was the Intra-Company Transfer (ICT) scheme, which allows companies to move staff between countries as long as they stay with the same firm.
BBC: Indian IT worker
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Lord Mayhew, a member of John Major's cabinet, now chairs the committee that vets the transfer of senior civil servants to business.
ECONOMIST: The new establishment
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British Airways started rolling out iPads to 2, 000 senior cabin crew in late 2011 and are now using them across their entire fleet to tap into customer data, check member status and record meal and beverage preferences, as well as keep track of transfer and final destination details.
BBC: Tablets invade the travel sphere