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Tax Tip #2 Tax Free Gifting

Published Tuesday, August 20, 2019 8:30 am

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Taxpayers may gift up to $15,000 per person, per year without any gift tax consequences and have a gift tax exclusion that allows tax-free gifting of $11,400,000 through 2025.

To discuss how this might apply to your tax situation, contact Amanda Fricton, CPA at (770) 287-7800 or email at africton@rushtonandcompany.com. Stay tuned for more tax tips or follow them on our social media accounts every #TaxTipTuesday!

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