The 2023 Estate Tax Threshold Announced by the IRS

The 2023 Estate Tax Threshold Announced by the IRS

Federal Estate Tax is owed on a person’s gross estate over and above the exempted amount. I remember back in the day, in the early 2000s, when that limit was only $675.000. Over the years it has gone up, and then in 2010 or so, it jumped up quite a bit and then...