IRS Revenue Procedure 2017-58

Estate and Tax Planning Update – IRS Releases Inflation Adjustments

The IRS, in Revenue Procedure 2017-58, just released its annual list of inflation adjustments for various Internal Revenue Code sections. Of note for those of us interested in estate planning and income tax adjustments are the following items:  The unified credit against estate tax for 2018 is adjusted to allow $5,600,000 to pass without incurring [...]