Tag Archives | gift taxes
money gift Photo by Karolina Grabowska from Pexels

Gift And Estate Tax Changes For 2022: What You Need To Know

The IRS just announced important gift and estate tax changes for 2022 that you’ll need to know. Higher Gift Limits The annual gift exclusion increases to $16,000 for calendar year 2022, up from $15,000 for calendar year 2021. That’s the amount you can gift to anyone during the year, whether children, family, or friends, without […]

Read full story Comments { 0 }