The holidays are upon us. Many of us will sit down for a feast, with family, next week. We will talk about what we are thankful for. Then may Hanukkah or Christmas are celebrated in your house. Again a time to be thankful. Then the new year is here! 2014 is just around the corner. […]
The IRS has released their inflation adjusted numbers for 2014. The estate tax exclusion has gone up to $5.34m for 2014. The annual gift exclusion remains at $14,000. Below is the text straight from the IRS website: 2014 Inflation Adjustments IR-2013-87, Oct. 31, 2013 WASHINGTON — For tax year 2014, the Internal Revenue Service announced […]