IRS Increases Taxes on Some Inheritances

The IRS issued a new revenue ruling at the beginning of 2023 that has flown under the radar and could mean a meaningful tax increase to you or your heirs.

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.