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In October of 2023, thousands of debit and credit card users across the country experienced duplication in their payments that were made between the months of August and September of that year.<br/><br/><br/>At a Joint Select Committee on Finance and Legal Affairs held on Friday, TV6 News posed the question to the Bankers Association of T&T, as to exactly what caused the problem and what measures have been implemented to prevent it from reoccurring.<br/><br/>

CURRENCY CODE CAUSED CARD DUPLICATION

⏲ 1:31 👁 3.5M

Live Free

how to pay quarterly taxes “ONLINE” (much easier once you know how): IRS estimated taxes direct pay

⏲ 3 minutes 43 seconds 👁 46K

Timalyn Bowens, EA

How to Make an Online Payment to IRS (with a debit or credit card)

⏲ 14 minutes 29 seconds 👁 7.9K

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 👁 300K

Freedom Group

5 Ways To Pay Your Federal Taxes To The IRS

⏲ 10 minutes 29 seconds 👁 5.8K

Tax Law Guy

How to Get IRS Back Taxes Forgiveness 3 Different Ways [IRS Back Taxes Help] #backtax

⏲ 20 minutes 32 seconds 👁 41.4K

Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.

Credit Card Delinquencies Are on the Rise

⏲ 1:31 👁 34.2M

PazTaxTV

Making Tax Payments with IRS Direct Pay

⏲ 44 seconds 👁 1.7K

Joseph Cahill u0026 Associates / WorthTax Income Tax Preparation Service

HOW TO PAY ON IRS DIRECT PAY

⏲ 1 minute 38 seconds 👁 370

US House Speaker Mike Johnson visited Donald Trump's trial for felony charges related to secret hush money payments, becoming the highest-ranking Republican to show support for Trump in this way. At the courthouse, Johnson attacked the case as a \

Top Republican Mike Johnson Slams Trump Trial as a 'Sham' and 'Ridiculous Prosecution'

⏲ 0:41 👁 1M

ClearValue Tax

If You Can't Pay The IRS - Your OPTIONS & IRS Payment Plan Explained

⏲ 12 minutes 56 seconds 👁 34.3K

IRSvideos

How to Pay Your Taxes

⏲ 1 minute 52 seconds 👁 122.1K

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