gift tax

IRS Raising Annual Gift Tax and Estate Tax Exclusions in 2023

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