Originally Posted by
seahawksunite
I suggest you acquaint yourself with taxation laws. Greater than 14k an year you may have tax liability on the gifts and the IRS would come knocking.
May and could are the operative words - I've already taken this process through an audit and provided the money is transferred to the second part for them to pay a bill or settle an expense incurred by the second party, or to pay the second party for an expense already incurred by the first party, there is no problem.
The money is not taxable, but yes, it's possible the flow may need an explanation *if* either party is audited on another matter and the flow is discovered - the movement of the money in of itself won't trigger an audit.