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IRS Announces 2015 Estate and Gift Tax Limits

December 15, 2014

The Internal Revenue Service recently announced the 2015 estate and gift tax limits. The federal estate tax exemption rises to $5.43 million per person, and the annual gift exclusion amount stays at $14,000. With the holiday season approaching, (and if one is fortunate enough to be extraordinarily giving in the form of large sums of…

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