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"content": "Summary of IRS announces bigger estate and gift tax exemption for 2025\nhttps://image.cnbcfm.com/api/v1/image/106152910-1569596680316gettyimages-10939441461.jpg?v=1686144601\u0026w=1920\u0026h=1080\n\n\nThe source article:\nnostr:nevent1qqsg8m3x2x4y36d7c7acrq8y9pzs84hft6peuhtg0y4wv5knf7mudnszyqya8f25ckc8xyspd0jjy8zey6gvlue6g93pwyv0glza436sp4vc6qcyqqqqqqgau740d\n\nThe Internal Revenue Service (IRS) has announced that the estate and gift tax exemption will increase to $13,990,000 per person in 2025, up from $13,610,000 in 2024. The exemption applies to tax-free transfers during life and at death, and the IRS has also boosted figures for other provisions, including federal income tax brackets and the child tax credit.",
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