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IRS
Form 709 2024
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2024 Instructions for Form 709 | Amanda Luke, CPA
The 2025 federal lifetime gift and estate tax and GST tax exemption is set at $13,990,000. Under current tax law, this is set to cut in half in 2026. Proper gift and estate planning is imperative this year as well as ensuring that all gifts are reported properly. There have been significant changes to the 2024 Form 709. The once 5-page gift tax ...
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Great News!!! The Internal Revenue Service (IRS) officially announced that it will begin accepting and processing 2025 federal income tax returns on Monday, January 26, 2026. This date marks the formal start of the 2026 tax filing season. Remember to claim all your deductions to reduce your Tax Liability. Ensure that you file your returns timely and pay any taxes owed by Wednesday, April 15, 2026. We’re available to assist you with your Tax Preparation. Reach out to us for more Information. #tax
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