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_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.jpg "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 👁 300K
_illinois39s-tax-hike-impact-on-fanduel-amp-draftkings-stocks.jpg "Illinois's Tax Hike Impact on FanDuel & DraftKings Stocks from turbotax business tax 2020")
⏲ 4:11 👁 30K
_fbr-in-action-90-thousand-non-filers39-mobile-sims-blocked.jpg "#FBR #NonFilers #BreakingNews #Tax<br/><br/>FBR in Action, 90 Thousand Non-Filers' Mobile SIMs Blocked")
⏲ 0:44 👁 10K
_new-report-finds-women-and-low-income-earners-left-behind.jpg "A new report by the Australia institute has found women, and low income earners are being left behind by superannuation tax concessions that favour higher income earners. The research also found that tax concessions are set to cost the federal government more than the age pension within a decade.")
⏲ 1:49 👁 5K
_john-thune-asks-witness-what-tax-cuts-and-jobs-act-got-right-in-helping-americans-save-money.jpg "During a Senate Finance Committee hearing last week, Sen. John Thune (R-SD) questioned witnesses about savings accounts and the tax code. <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")
⏲ 5:42 👁 5K
_venezuelan-shop-targeted-for-serving-empanadas-to-opposition-leader.jpg "An empanada restaurant in a remote Venezuelan village is the latest target of President Nicolas Maduro's regime. Their crime? Serving breakfast to opposition leader Maria Corina Machado. Just 30 minutes after the politician visited the restaurant, run by two sisters, the tax authorities shut it down.")
⏲ 1:25 ✓ 07-Jun-2024
_how-to-save-on-green-improvements-under-inflation-reduction-act.jpg "Tax credits for energy-efficient home improvements are extended and expanded by the Inflation Reduction Act.")
⏲ 2:28 ✓ 07-Jun-2024
_ways-retirees-can-defuse-a-retirement-savings-tax-bomb.jpg "There’s an easy and effective way savers can minimize the damage of a retirement tax bomb. It all starts with making one simple shift in your retirement savings contributions.")
⏲ 3:0 ✓ 07-Jun-2024
_apple-2022-macbook-air-laptop.jpg "About this item<br/>STRIKINGLY THIN DESIGN — The redesigned MacBook Air is more portable than ever and weighs just 2.7 pounds. It’s the incredibly capable laptop that lets you work, play or create just about anything — anywhere.<br/>SUPERCHARGED BY M2 — Get more done faster with a next-generation 8-core CPU, up to 10-core GPU and up to 24GB of unified memory.<br/>AppleCare+ for Mac extends your coverage to three years from your AppleCare+ purchase date and adds up to two incidents of accidental damage coverage<br/>Each incident of accidental damage coverage is subject to a service fee of $99 for screen damage or external enclosure damage, or $299 for other damage, plus applicable tax")
⏲ 0:30 ✓ 06-Jun-2024
_u-s-solar-projects-could-boom-amid-deadline-for-tax-exempt-glut.jpg "U.S. solar projects could boom amid deadline for tax-exempt glut <br/><br/>")
⏲ 0:42 ✓ 06-Jun-2024
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_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.webp "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.")
_illinois39s-tax-hike-impact-on-fanduel-amp-draftkings-stocks.webp "Illinois's Tax Hike Impact on FanDuel & DraftKings Stocks from turbotax business tax 2020")
_fbr-in-action-90-thousand-non-filers39-mobile-sims-blocked.webp "#FBR #NonFilers #BreakingNews #Tax<br/><br/>FBR in Action, 90 Thousand Non-Filers' Mobile SIMs Blocked")
_new-report-finds-women-and-low-income-earners-left-behind.webp "A new report by the Australia institute has found women, and low income earners are being left behind by superannuation tax concessions that favour higher income earners. The research also found that tax concessions are set to cost the federal government more than the age pension within a decade.")
_john-thune-asks-witness-what-tax-cuts-and-jobs-act-got-right-in-helping-americans-save-money.webp "During a Senate Finance Committee hearing last week, Sen. John Thune (R-SD) questioned witnesses about savings accounts and the tax code. <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")
_venezuelan-shop-targeted-for-serving-empanadas-to-opposition-leader.webp "An empanada restaurant in a remote Venezuelan village is the latest target of President Nicolas Maduro's regime. Their crime? Serving breakfast to opposition leader Maria Corina Machado. Just 30 minutes after the politician visited the restaurant, run by two sisters, the tax authorities shut it down.")
_how-to-save-on-green-improvements-under-inflation-reduction-act.webp "Tax credits for energy-efficient home improvements are extended and expanded by the Inflation Reduction Act.")
_ways-retirees-can-defuse-a-retirement-savings-tax-bomb.webp "There’s an easy and effective way savers can minimize the damage of a retirement tax bomb. It all starts with making one simple shift in your retirement savings contributions.")
_apple-2022-macbook-air-laptop.webp "About this item<br/>STRIKINGLY THIN DESIGN — The redesigned MacBook Air is more portable than ever and weighs just 2.7 pounds. It’s the incredibly capable laptop that lets you work, play or create just about anything — anywhere.<br/>SUPERCHARGED BY M2 — Get more done faster with a next-generation 8-core CPU, up to 10-core GPU and up to 24GB of unified memory.<br/>AppleCare+ for Mac extends your coverage to three years from your AppleCare+ purchase date and adds up to two incidents of accidental damage coverage<br/>Each incident of accidental damage coverage is subject to a service fee of $99 for screen damage or external enclosure damage, or $299 for other damage, plus applicable tax")
_u-s-solar-projects-could-boom-amid-deadline-for-tax-exempt-glut.webp "U.S. solar projects could boom amid deadline for tax-exempt glut <br/><br/>")
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