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Companies are no longer able to pay wages in order to qualify for tax credits for Employee Retention Tax Credit, however, they will have till 2024 and, in certain instances , 2025, to take an audit of their payrolls prior to the pandemic. They can claim retroactively the tax credit through filing the amended form of tax returns.nnVisit: ✅ http://Employee-Retention-Credit.infonn✅ http://CLICK-HERE-to-Schedule-a-Call.com to get help from our qualified employee retention credit consultants.nnBu
⏲ 69 sec ✓ 07-Dec-2022
Live Free
⏲ 3 minutes 43 seconds 👁 45.9K
Clara CFO Group
⏲ 17 minutes 13 seconds 👁 7.1K
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.
⏲ 1:29 👁 3.2M
ClearValue Tax
⏲ 7 minutes 54 seconds 👁 34.3K
Accounting Instruction, Help, u0026 How To
⏲ 1 minute 53 seconds 👁 44
GameStop (GME) shares surged on Monday after Keith Gill, known as 'Roaring Kitty' on social media, posted on X for the first time since 2021. Gill helped spark a short squeeze in GME in 2021 through posts on Reddit encouraging retail investors to purchase and hold shares, inflicting major losses on hedge funds like Melvin Capital. Gill's resurfaced signaled renewed interest among individual traders who had previously followed his commentary, driving up the stock. GameStop's most recent quarterly results in March 2023 showed ongoing challenges from industry-wide headwinds like competition from e-commerce players.
⏲ 0:40 👁 990K
CBS Boston
⏲ 1 minute 33 seconds 👁 3.3K
Business Finance Coach
⏲ 4 minutes 51 seconds 👁 826
During a House Appropriations Committee hearing on Tuesday, Rep. Steny Hoyer (D-MD) questioned Internal Revenue Service Commissioner Danny Werfel about audit and enforcement rates.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com
⏲ 9:15 👁 4.6M
Karlton Dennis
⏲ 17 minutes 5 seconds 👁 2.5M
Tax Law Guy
⏲ 20 minutes 32 seconds 👁 41.2K
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