USA: New Rules For Gift And Estate Tax
Issue At present, the lifetime gift and estate tax exclusion is $11.18 million. Gifts and inheritances above that amount are subject to taxation. Rates vary
Jimmy Sexton
November 3, 2020
IRS Form 3520 – US Persons Receiving Gifts Or Inheritance From Foreigners
If you have received a gift or inheritance from a foreign person or entity, you might be required to file IRS Form 3520. Consequences of
Jimmy Sexton
March 5, 2020