Tax Basis Planning Worth a Look If Estate Taxes Aren’t a Threat
June 15, 2018
For many people today, income tax planning now offers far greater tax-saving opportunities than gift and estate tax planning. A record-high gift and estate tax exemption — (currently $11.18 million per person is up from $5.49 million in 2017, and sunsets in 2025) — means that fewer people are subject to estate taxes. If gift […]