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/
Celebrating over 30 years of helping Torrance, Lawndale, Hawthorne and Gardena.