For an estate of any decedent during calendar year 2017, the basic exclusion
amount is $5,490,000, indexed for inflation (up from $5,450,000 in 2016). The
maximum tax rate remains at 40 percent. The annual exclusion for gifts remains
at $14,000.
If you would like to schedule a Free Initial Consultation to
learn more about the tax preparation and tax planning & compliance services
we offer to businesses and individuals, send us an e-mail or call Amare Berhie
today at 651-300-4777 to schedule a convenient time.
Amare Berhie, Senior Accountant
CEO, ABA Tax Accounting
651-300-4777
We are
licensed in All States. We are affordable, experienced, and friendly. We are an
Authorized IRS e-file Service Provider.
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