Recent News
The IRS has made cost-of-living adjustments to many items for 2025. The annual gift tax exclusion is $19,000 per recipient (up from $18,000 in 2024). The gift tax exclusion for a noncitizen spouse is $190,000 (up from $185,000). The gift and estate tax basic exclusion amount is $13,990,000 (up from $13,610,000). And the limits on qualified charitable distributions from an IRA are also higher. Click here to read more about gifts from an IRA.
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