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Tag: gift tax


Tax Code, Regulations and Guidance

2024 Tax and Estate Planning Opportunities

January 16, 2024

Via: National Law Review

A New Year is upon us, it is an election year, and a rollback of the federal estate, gift, and generation-skipping transfer taxes is scheduled for the not too distant future. State and federal estate and gift taxes are an […]


Tax Code, Regulations and Guidance

IRS Increases 2024 Federal Estate Tax Exemption and Gift Tax Exclusions: Key Points for Taxpayers

November 20, 2023

Via: JD Supra

Estate planning is a lot like putting together a puzzle. The client provides you with their box lid showing what they want the ultimate result of their plan to look like. Then, estate planners are tasked to identify and gather […]


Tax Code, Regulations and Guidance

IRS Announced 2024 COL Adjustments for Estate, Gift Tax Exclusion Amounts

November 17, 2023

Via: National Law Review

The Internal Revenue Service recently announced the 2024 cost of living adjustments for the estate and gift tax exclusion amounts. Gift Tax Exclusion Amount The Gift Tax Exclusion Amount is the amount an individual may gift to any number of […]


Tax Code, Regulations and Guidance

New Year, New Estate & Gift Tax Exemptions

February 23, 2023

Via: JD Supra

As we turn the calendar to 2023 and the holiday gift-giving season is behind us, now is the time to consider this year’s changes to the estate and gift tax exemption. You may recall from earlier columns that the estate […]