Paul PremackNov 14, 20222023 Estate and Gift Tax Update (Part 1)The basic exclusion amount is increasing from $12.06 million in 2022 to $12.92 million in 2023, the largest adjustment ever.
Paul PremackJan 19, 2022Federal Estate and Gift Tax Exemptions increase for 2022Federal Estate and Gift Tax Exemptions increase for 2022
Paul PremackApr 30, 2021Must 2021 Stimulus Payment be returned to Government?This stimulus payment, authorized by Congress & President Biden per the America Rescue Plan Act of 2021, is in the nature of a tax credit.