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Nonprofit Blog

IRS Increases 2017 Estate and Gift Tax Limits

Posted by bgoricki on Nov 18, 2016 9:30:09 AM

Good news for wealthy taxpayers who seek to avoid the 40% federal estate tax: The IRS has announced an increase in the estate and gift tax exemption for 2017, to $5.49 million per individual, up from $5.45 million in 2016.

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Topics: estate planning, gift tax, Tax, Uncategorized

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