The Listen to Lawrence Letter: 2022 Tax Alert

DAVIDOWLAW Blog Post

Dear Clients and Friends,
2022 ALERT
In Revenue Procedure 2021-45, the IRS released the official inflation-adjusted amounts to be effective in 2022.
The Federal Estate Tax Exemption will be $12,060,000 per person and the Federal Annual Exclusion Gift will be $16,000 per person.
Please note that the President and Congress can still change these numbers. Stay tuned!
And, pass this information to your friends and family and if anyone you know would like to receive this Listen to Lawrence Letter, just have them email me at info@davidowlaw.com and I’ll add them to the list!
As always, please send me your questions. If you are thinking about it, others are probably too, so my answers will no doubt help you and many others.  To send a question in, simply hit reply when you receive this Listen to Lawrence Letter and type in your question or send a separate email to info@davidowlaw.com.
Let’s stay connected.
Stay safe!
Until next time…
peace, health and happiness,
Lawrence Eric Davidow