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Lady CEO Is Return ep 1-3

Lady CEO Is Return ep 1-3

⏲ 44:1 👁 20.4M

AGC Solutions

How to File your 2020 Tax Return with the Employee Retention Credit

⏲ 6 minutes 37 seconds 👁 3.1K

AGC Solutions

How to get the Right Stimulus Payment on your 2020 Tax Return

⏲ 5 minutes 11 seconds 👁 1.1K

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.

IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed

⏲ 1:29 👁 32M

Latino Tax Pro

Recovery Rebate Credit & Form 1040

⏲ 7 minutes 7 seconds 👁 9.7K

Wise Money Show

IRS Releases New 1040 Tax Form 2020

⏲ 9 minutes 3 seconds 👁 10.7K

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.

IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed

⏲ 1:29 👁 3.2M

Stephen Lee CPA

Recovery Rebate Tax Credit | 2020 Tax Refunds and Tips

⏲ 7 minutes 9 seconds 👁 4K

IRSvideos

2021 IRS Economic Impact Payments on Your Tax Account

⏲ 2 minutes 2 seconds 👁 125.6K

Shakira may be innocent of the tax fraud charges against her, as Spanish prosecutors are now asking a second investigation into the star be dropped.

Shakira’s Second Tax Fraud Probe Dropped

⏲ 1:4 👁 8M

Λsk Λbout Insights

How do I amend my 2020 tax return?

⏲ 2 minutes 21 seconds 👁 50

UI Vlogs 2021

2024 IRS TAX REFUND UPDAT3 - NEW Refunds Approved, Delays, Tax Transcript Codes, Topic Codes

⏲ 5 minutes 24 seconds 👁 983

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