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IRS Announces 2015 Annual Gift Exclusion

Posted on January 12, 2015 by admin - News

The IRS recently announced that the annual exclusion for gifts remains at $14,000 for 2015. The estate exemption increases to $5,430,000, up from $5,340,000. Please read the full text of the IRS announcement below for other important inflation adjustments in 2015.
http://www.irs.gov/uac/Newsroom/In-2015,-Various-Tax-Benefits-Increase-Due-to-Inflation-Adjustments

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    To my valued customers:

    Coronavirus disease (COVID-19)

    You have always depended on me to provide you with great service for all your Tax needs. From filing a simple Tax return to the most complex corporate return my goal has always been to do what is right for you and of course always do it with a smile! In response to the many customer inquiries I will continue to be open to serve you. My office is a safe environment however if you feel uncomfortable going out in today’s environment or just find you are running out of time, do what many of my long term clients do. E-mail me your information and we can complete your Tax Returns electronically. We can conference by phone to go over the details just as if we were talking in person. Payments can be made by many forms including Zelle so basically we can do everything you need without having ever having to visit my office.

    My goal is to provide my customers the service they require when and how they would like. Give me a call when you are ready and we can schedule an appointment whether you wish it to be in person or electronically.

    Thank you again for your patronage and please be safe!

    Patty | (310) 676 1312