The numbers are in! What the 2023 IRS tax inflation adjustments mean for your estate

This week on October 18, 2022, the IRS announced IR-2022-182, which provides the tax inflation adjustments for the 2023 tax year. The federal government annually makes adjustments such as these to cushion taxpayers from the economically crippling effects of inflation. According to the most recent inflation update, the US annual inflation rate was 8.2% for […]