What You Need to Know About the Federal Estate Tax: U.S. Federal Estate Tax Return

What You Need to Know About the Federal Estate Tax: U.S. Federal Estate Tax Return

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The sports leagues are exempt from paying federal income taxes — a free pass that has been subject to recent debate amid a swirl of related controversies about the fairness of the tax code and questions about whether some groups are worthy of tax exemptions

The sports leagues are exempt from paying federal income taxes — a free pass that has been subject to recent debate amid a swirl of related controversies about the fairness of the tax code and questions about whether some groups are worthy of tax exemptions

1. Federal Estate Tax exemption now permanently increased so no tax for Estates under $5,340,000., and will be adjusted annually for inflation. However, New Jersey taxes estates over $675,000.  2. Gifts permitted without Federal Estate & Gift tax was increased to $14,000 per person.    3. We recommend Self- Proving Wills since witnesses often move or pass away

1. Federal Estate Tax exemption now permanently increased so no tax for Estates under $5,340,000., and will be adjusted annually for inflation. However, New Jersey taxes estates over $675,000. 2. Gifts permitted without Federal Estate & Gift tax was increased to $14,000 per person. 3. We recommend Self- Proving Wills since witnesses often move or pass away

When preparing or updating your estate plan, you will need to have a basic understanding of the different types of taxes that can affect your estate - gift taxes, estate taxes, inheritance taxes, generation skipping transfer (or GST) taxes, and income taxes.

When preparing or updating your estate plan, you will need to have a basic understanding of the different types of taxes that can affect your estate - gift taxes, estate taxes, inheritance taxes, generation skipping transfer (or GST) taxes, and income taxes.

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IRS Announces 2015 Estate And Gift Tax Limits:  The federal estate tax exemption rises to $5.43 million per person for 2015, but the annual gift exclusion amount stays at $14,000.

IRS Announces 2015 Estate And Gift Tax Limits: The federal estate tax exemption rises to $5.43 million per person for 2015, but the annual gift exclusion amount stays at $14,000.

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What You Need to Know About the Federal Estate Tax: U.S. Federal Estate Tax Return

What You Need to Know About the Federal Estate Tax: U.S. Federal Estate Tax Return

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As we come to the time of year when most people do their taxes, it is important all Scout leaders understand all of the tax deductions available for popcorn sales and other Scouting related functio…

As we come to the time of year when most people do their taxes, it is important all Scout leaders understand all of the tax deductions available for popcorn sales and other Scouting related functio…

When it comes to funding your Revocable Living Trust, this step is just as important as setting up your trust. Find out what happens to assets left out of your trust here.

When it comes to funding your Revocable Living Trust, this step is just as important as setting up your trust. Find out what happens to assets left out of your trust here.

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Portability: What is it and what can it do for you?  Portability allows any unused federal estate tax exemption to be “ported” over to your surviving spouse, which increases that spouse’s federal exemption amount.

Portability: What is it and what can it do for you? Portability allows any unused federal estate tax exemption to be “ported” over to your surviving spouse, which increases that spouse’s federal exemption amount.

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