Receiving a monetary gift and need advice.

A friend of mine came into a large sum of money from a legal suit and is planning on giving me $25,000 as a gift.
I'll be using the money (along with mine) to start a web-design business. The money will come in a check.
Right now, the money is not being considered an investment. It's purely a gift. Regardless, it does not need to be repaid.
I honestly don't know if taxes have been paid on the money (if that even matters).
Can someone please help guide me in the right direction in depositing this money in the proper way to not be eaten alive on taxes?
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