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Month: October 2015

IRS announces 2015 estate tax exemptions

Georgia residents may be aware that exemption to the federal estate and gift tax was established at $5 million in 2011 and has increased each year since according to the annual rate of inflation. The IRS announced the latest increase in October 2015 to $5.45 million...

Abbey Lee Miller indicted on fraud charges

Georgia entertainment fans may be interested to learn that Abby Lee Miller, who stars on the TV show "Dance Moms," has been charged with bankruptcy fraud and other offenses. The federal grand jury indictment, which was issued in Pennsylvania, claims Miller concealed...

Strategies to lower property taxes

Many Georgia homeowners understand the burden of steep property taxes. However, there may be ways to get those taxes lowered without attending the local town hall meetings and protesting the tax rate. One approach that could result in a property tax reduction is to...

Minimizing estate taxes for beneficiaries

People in Georgia planning to leave a substantial inheritance to their heirs may want to learn more about strategies used for reducing estate taxes. The highest federal estate tax rate is currently 40 percent. However, the federal estate tax for 2015 only applies to...

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