Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Debra Rahmin Silberstein
IRS Announces 2024 Lifetime Estate and Gift Tax Exclusion & 2024 Annual Gift Tax Exclusion | JD Supra
The Internal Revenue Service recently announced the 2024 annual inflation adjustments to the lifetime exclusion for federal estate and gift tax (the “basic exclusion amount”) as well as the annual gift tax exclusion, among many others. For individual taxpayers who die in 2024, up to $13,610,000 of the decedent’s gross estate at death, decreased by lifetime taxable gifts, will be excluded from the imposition of federal estate tax (an increase from $12,920,000 for individuals dying in 2023).
MA Estate Tax Update: Estate Tax Exemption Is Now $2M | JD Supra
Today, Wednesday, October 4, 2023, Governor Maura Healey signed Bill H. 4104 into law, creating a Massachusetts estate tax exemption of $2,000,000. The new law exempts the estates of decedents dying on or after January 1, 2023 from the imposition of Massachusetts estate tax to the extent the federally taxable estate is not more than $2,000,000. The Massachusetts estate tax threshold had been $1,000,000 since 2006. This new change in law is relevant to our Trusts & Estates clients.
MA Estate Tax Update: Senate Accepts $2M Estate Tax Exemption | JD Supra
On Thursday, September 28, 2023, the Massachusetts Senate voted in favor of Bill H. 4104 to increase the Massachusetts estate tax filing threshold to $2,000,000. The Massachusetts House of Representatives approved the Bill on Wednesday, September 27, 2023. The Senate voted 38-1 to accept Bill H. 4104, which exempts the estates of decedents dying on or after January 1, 2023, from MA estate tax if the federal taxable estate is not more than $2,000,000.
Client Alert: IRS Scam | JD Supra
Recently, the Internal Revenue Service warned taxpayers about a new scam rising in popularity – mailings regarding “unclaimed refunds.” Every year, scammers think of more creative ways to trick us into unwittingly handing out our personal information. This new scheme involves a mailing coming in a cardboard envelope from a delivery service.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Debra Rahmin
Contact Debra Rahmin, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack