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Trump holds Latino leaders roundtable
IRS announces bigger estate and gift tax exemption for 2025
The Internal Revenue Service has announced a higher estate and gift tax exemption for 2025. The “basic exclusion amount” rises to $13.99 million per person in 2025, up from $13.61 million in 2024, the agency said Tuesday. The exemptions apply to tax-free transfers during life and at death. The IRS […]
