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At a campaign rally in Freeland, Michigan, on Wednesday, former President Trump slammed President Biden over inflation.<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

'We Call It The Biden Inflation Tax': Trump Hits Biden Over The Economy

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SoftwareTUTORIALS

Turbo tax: Line 12100 and T5008

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SoftwareTUTORIALS

Turbo tax: Line 12000 & Line 12100

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What should you be aware of when booking a holiday this year?

Travel: Tourism tax, Foreign Office warnings and airport delays

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Turbo tax: Line 12100 and T1 General

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Daily Refinement

How to Do Your eBay Taxes in 5 Minutes (No More Line by Line)

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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

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Make That Change

How to File Taxes in Canada for FREE | Wealthsimple Walkthrough Guide

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What should you be aware of when headed abroad this year?

Travel: Tourism tax and Foreign Office warnings

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Thach Nguyen

How To Sell Rentals Tax Free As A Real Estate Investor | 1031 Exchange Method Explained

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ClearValue Tax

How to Use a 401K Properly to Retire Faster (Do This Now!)

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