Ashlea Ebeling
speaker
2,002 appearances
38 recordings
1 series
first heard Jul 2022
last heard Feb 2025
Ashlea Ebeling’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
So for the vast majority of people, that standard deduction is going to give them a better tax situation.
matched
What are some other changes that filers should be aware of?
matched
For wealthy Americans, the estate and gift tax rules also are adjusted for inflation.
matched
The federal estate tax exclusion amount, that's how much an individual can shelter from estate taxes.
matched
That's gone up to $13.99 million for deaths in 2025.
matched
Then there's a separate limit on tax-free gifts that goes up to $19,000.
matched
for 2025 up from $18,000 this year.
matched
Income thresholds for paying capital gains tax are also adjusted for inflation.
matched
Taxpayers, for example, could sell appreciated stock and snag a 0% capital gains tax rate for single filers with income up to $48,350.
matched
Joint filers with incomes approaching $100,000 can actually sell appreciated stock at that 0% rate.
matched
For planning purposes, you can look and compare 2024 and 2025, and that might impact some decisions on things like how much you're putting into a retirement account, whether you're doing a Roth conversion.
matched
So that's the big question.
matched
All bets are off on what's going to happen with these Trump tax cuts from 2017.
matched
Almost all of the individual tax provisions expire at the end of 2025.
matched
So Congress has to do something or everything reverts back to the way it was.
matched
That reverting back would mean the standard deduction dropping back in half, the state tax exemption dropping back in half.
matched
On the rates, the top ordinary rate is now 37%.
matched
That would go back to 39.6% and kick in at a lower level of income.
matched
So wealthy Americans are making fail-safe estate plans, and they're considering some income tax moves basically to hedge their bets on all of this.
matched
WSJ Your Money Briefing · Putting a Pet in Your Will Isn’t Just for the Super Wealthy · 19 Aug 2024
podcast
It could be up to $100,000 for some people, $1,000 per pet per year.
matched
Showing 501–520 of 2,002 · page 26 of 101
← Previous
Next →