Archives: November 2021
Nov 29, 2021
The official estate and gift tax exemption climbs to $12.06 million per individual for 2022 deaths, up from $11.7 million in 2021, according to new Internal Revenue Service inflation-adjusted numbers. And the gift tax annual exclusion amount jumps to $16,000 for 2022, up from $15,000 where it’s been stuck since 2018.
Nov 04, 2021
Setting aside adequate funding for the future is a long, hard slog. Particularly for younger families who are early- to mid-career and have a lot of competing financial items to cover. Between raising young kids, paying mortgage or rent, and the countless other items that come with daily living, it can be stressful and difficult to see how everything is ever going to come together.
Nov 03, 2021
The Small Business Administration Vermont District Office supported approximately $1 billion in loans and COVID-19 relief funds from October 1, 2020 to September 30, 2021, the agency’s fiscal year.