
Beginning in 2018, the lifetime estate and gift tax exclusion (which is indexed for inflation) are projected to rise to $5,600,000 from $5.49 Million during 2017. This is the limit on tax-free transfers during life or at death. This means … Read More
Gifting – Don’t Scrooge Yourself
Tis the season to think of ways to help and put a smile on your loved one’s faces. If you are thinking of giving a substantial monetary gift, you should know the tax implications beforehand.
Form 709, United States Gift … Read More