gift tax

IRS Raising Annual Gift Tax and Estate Tax Exclusions in 2023

Although inflation is generally nothing to be pleased about, the IRS recently announced inflation-adjusted changes to the annual gift tax…

2 years ago

Annual Gift Tax and Estate Tax Exclusions Went Up for 2022

The amount you can gift to any one person without filing a gift tax form increased to $16,000 in 2022,…

3 years ago