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from Forbes

IRS Announces 2015 Estate And Gift Tax Limits

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.


"Gift" is the painting's title For the past couple of years the annual gift tax exclusion amount was $13,000. This meant that a person ...

from Money

The 2016 Gift Tax Exclusion -- How Much Can You Give This Year?

See How the Gift Tax Annual Exclusion Has Changed from 1997 to 2015

from Money

You'll Owe a Gift Tax if You're too Generous

The federal gift tax applies to all gifts that you make during the course of your lifetime. Whether a gift will be taxable for gift tax purposes depends on three things. Find out what they are and if you have made any taxable gifts.

If you are concerned about owing back taxes from all of those birthday gifts that you have given over the years, we have some good news for you. There are some gift tax exclusions that you can utilize to give tax-free gifts. One of them is the annual gift tax exclusion. Each calendar year, you can [ ] The post Free Report: What are the Gift Tax Exclusions appeared first on Vermillion Law Firm LLC.

from Money

Important Facts About Inheriting a Payable on Death (POD) Account

Payable on death accounts, known as POD accounts for short, are a popular way to avoid probate in the U.S. Learn about all of the tax and other consequences of inheriting a POD account here.

from The Balance

Annual Exclusion Gift vs. Lifetime Exemption Gift - Do You Know the Difference?

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