For those of you who plan to file your 2014 tax return timely so that you can get your refund promptly, you should probably postpone your shopping spree. According to article by Stephen Ohlemacher of Associate Press, Congress again passed a tax bill this year just before shutting down for the holidays, extending more than […]
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The estate tax exemption for 2015 has jumped to $5.43 million per person, up from $5.34 million, due to an adjustment for inflation, the IRS has announced. For a married couple, the combined exemption increases to nearly $11 million, notes a story in the Wall Street Journal. The annual gift exclusion, however, will remain at […]
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