The exemption from federal estate taxes has gradually increased over the years while the estate tax rate has gradually decreased. Here you will find a chart that shows the increases in the exemption and decreases in the tax rate from 1997 through 2015.
You can file a if you think the rate is too high. You will probably not want to do all the paperwork yourself and you find these things complicated so you can get help. You can save hundreds or thousands of dollars filing a property tax appeal.
One of the primary estate planning concerns for most clients is estate taxes. Indeed, for most people, the main goal of their estate plan is to reduce or eliminate Texas estate tax, if at all possible. The federal estate tax rate is 40%, however, there is an estate tax exemption available. While Texas no longer [ ] The post Answers to Your Questions about the Estate Tax appeared first on Vermillion Law Firm LLC.
Some Last-minute Tax Reminders for Investors - With April approaching, many investors find themselves racing to meet tax deadlines. If you’re one of them, there are some important details to remember. Tax Deadline: While the Internal Revenue Service be