TAKE ADVANTAGE OF THE ANNUAL GIFT TAX EXEMPTION
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and may not apply to tax returns starting in the 2018 tax year. You may wish to speak to your tax advisor about the latest tax law. This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
One of the best ways to help loved ones is to use the annual gift tax allowance, where you can gift up to $14,000 gift tax-free.
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