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Category: 2016 Gift Taxes

2016 Gift Taxes

By Jeff Ammons The annual amount of gifts made by individuals in 2016 that are exempt from federal estate and gift tax remains at $14,000. A married couple can give $28,000 in the calendar year without such gifts counting...

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Tax Blog is published by Dickinson Wright PLLC to inform the public of important developments within the firm and practice areas. The content is informational only and does not constitute legal or professional advice. We encourage you to consult a Dickinson Wright attorney if you have specific questions or concerns relating to any of the topics covered in this blog.