does your state have an inheritance tax- sterling accounting

IRS Issues Relief For Estate Tax Trap For Surviving Spouses

does your state have an inheritance tax- sterling accountingThe IRS has come to a ruling in their efforts to protect surviving spouses from an estate tax trap by overlooking regulations.

“Congress added portability to the estate tax law when it settled on a “permanent” exclusion of $5 million per person (indexed for inflation) and a flat tax rate of 40%, effective 2011. It lets a surviving spouse essentially carry over any unused portion of the deceased spouse’s exclusion…” [ Read more here ]

Published by

Dependable Website Management

This amazing website, blog, and social media are proudly managed by Dependable Website Management. Dependable Website Management is an United States based technology company operating out of beautiful South Florida. Visit us online today at www.DependableWebsiteManagement.com for more information about us and our corporate technology services. Thanks for reading!

Leave a Reply

Your email address will not be published. Required fields are marked *