The Bottom Line The 2024 annual inflation adjustments were announced by the IRS on November 9, 2023. The adjustments include increases to the federal gift and estate tax exemption amounts and increases to annual exclusion gifts. 2024 Federal Exemption and Exclusion Continue Reading
Estate Planning Issues to Consider Before Selling Your Business
The Bottom Line Business owners can minimize taxes and maximize proceeds on the sale of his or her business by utilizing different estate planning strategies.It is critical, though, that the estate planning be done well in advance of the sale of the business or even before the preparation of a Continue Reading