IRS Increases Gift Tax and Estate Tax Exclusions for 2018
Finally!! It Has Been Five Years!! Beginning in 2018 The IRS will increase the Gift Tax Annual Exclusion from $14,000 to $15,000 Per Gift. Estate Tax Limitations are Increasing, Too.
This information is what we know will happen. There are, as you have probably heard, some adjustments in the tax code afoot. We are watching for you and will let you know right here when more information is concrete.
Joe DeVitis | 10/25/2017