Estate and Gift Taxes

/Estate and Gift Taxes

Do You Need to File a 2016 Gift Tax Return by April 18?

By |February 14th, 2017|

Do you need to file a 2016 gift tax return by April 18? The answer depends on the situation, type of gift, and value of the gift. Learn more about requirements and deadlines in our blog post.

Why Making Annual Exclusion Gifts Before Year End Can Still be a Good Idea

By |December 13th, 2016|

The 2016 gift tax annual exclusion allows you to give up to $14,000 per recipient tax-free without using up any of your lifetime gift tax exemption. The assets, including any future appreciation, are removed from your taxable estate. But you need to use your 2016 exclusion by Dec. 31 or you’ll lose it. Learn more in this blog post.

IRS Proposes New Estate and Gift Tax Regulations

By |August 11th, 2016|

The IRS has released proposed regulations that would close so-called tax loopholes that many wealthy taxpayers have used to minimize gift and estate taxes when transferring interests in a closely held family business to relatives. If finalized, the regulations would significantly limit the effectiveness of certain tax-saving vehicles, including family limited partnerships, for reducing the value of transferred interests for tax purposes. This article details the proposed estate and gift tax regulations.

3 Smart Giving Strategies to Reduce Your Taxable Estate

By |August 9th, 2016|

Smart giving strategies can reduce the size of your taxable estate and ensure that your wealth is passed on to the next generation. This blog post discusses three strategies for tax-smart giving.

Do You Need to Worry About Estate Taxes?

By |September 15th, 2015|

If you're at risk for estate taxes, there are plans you can make for your future to reduce your liability. Learn more about how to project your estate tax exposure and what you can do about it.