For Gifts made in 2015 and for decedents dying in 2015, the exclusion will be $5,430,000 up from $5,340,000 in 2014. The Gift tax annual exclusion remains at $14,000.
Dougherty & Connell (and through predecessor firms), was founded in 1961 and is a full service accounting, tax and advisory firm. We are recognized by our long term commitment to our clients. Our clients operate in a diverse spectrum of industries and professions ranging from privately held organizations of all types and sizes to multinational corporations.