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Donald Trump Wants , to End Taxes on Tips.<br/>While speaking at a rally in Las Vegas on June 9, <br/>Trump said the \

Donald Trump Wants to End Taxes on Tips

⏲ 1:31 👁 150K

Seniors Rejoice! Massive $2,000 Stimulus Check Proposed for Social Security Recipients

⏲ 8 minutes 35 seconds 👁 198

How To Guys

4th Stimulus Check Approved? Target Audience Revealed!

⏲ 10 minutes 20 seconds 👁 168

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 ✓ 11-Jun-2024

Big 33% SSI Raise! September SSDI Payment Schedule | Social Security Reform Stimulus Check Today

⏲ 12 minutes 7 seconds 👁 173

WCNC

No, the IRS isn’t sending a fourth stimulus check

⏲ 1 minute 8 seconds 👁 20.4K

When you’re selling and rebuying stocks, it’s important to understand the wash sale rule and avoid having losses disallowed by the IRS.

How Does The Wash-Sale Rule Work And What To Look Out For

⏲ 2:38 ✓ 07-Jun-2024

Monica Soyemi

‘PAYMENT STATUS NOT AVAILABLE’ IRS STIMULUS CHECK | HERE’S WHAT TO DO!

⏲ 5 minutes 19 seconds 👁 19.7K

Blind to Billionaire

Automatic $2,000 Monthly Checks & New Details - Low Income, Social Security, SSDI, SSI, Seniors

⏲ 15 minutes 55 seconds 👁 20.5K

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 ✓ 06-Jun-2024

How To Guys

When's the NEXT Stimulus Check? We Have Answers!

⏲ 13 minutes 45 seconds 👁 197

Wealth Hacker - Jeff Rose

IRS Stimulus Check Update | Does the IRS Site Really Work? - Wed April 15th

⏲ 3 minutes 48 seconds 👁 7.6K

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