Bloomberg claims the IRS has announced a $5,250,000 exemption for the estate and related taxes. See
http://www.bloomberg.com/news/2013-01-11/irs-increases-exemption-from-estate-tax-to-5-25-million.html
However, I cannot find any proof. They do not cite any IRS announcement. The following is the link to where new IRS announcements are listed:
http://apps.irs.gov/app/picklist/list/formsPublications.html;jsessionid=Sr5t6S1uXbmUFGq86OUCcA__?sortColumn=postedDate&indexOfFirstRow=0&value=&criteria=&resultsPerPage=25&isDescending=true
We shall see.
Kevin Staker
Estate Tax News Blog
Rev Proc 2013-15. It came out Friday afternoon.
Brian Bergman
MacLean & Ema
Comment by Brian Bergman — January 12, 2013 @ 11:22 am |