If my mom gave me some of my inheritance cash ahead of her time, to invest in my small business, would there be any taxes or penalties for either of us?

[Bsch4477]

She can give you $15,000 without tax consequences.  If more than that she can complete a gift tax form reporting the excess.  There’s no tax owed from either of you and except for the gifttax form the gift is not reported on your returns.