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At a Senate Finance Committee hearing prior to the Congressional recess, Sen. Bill Cassidy (R-LA) questioned IRS Commissioner Danny Werfel about efforts to capture fraud.<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

'Is The IRS Doing Any Of That?': Bill Cassidy Grills IRS Chief About Efforts To Capture Fraud

⏲ 7:44 👁 18M

Strategic Wealth Designers

IRA Explained In Less Than 5 Minutes | Simply Explained

⏲ 4 minutes 40 seconds 👁 52.7K

The Tax Geek

IRA 101: Traditional IRA Distributions

⏲ 8 minutes 8 seconds 👁 7.3K

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 👁 7.4M

Eric W. Powell

Inherited IRA Rules and Tax Strategy

⏲ 5 minutes 10 seconds 👁 15.3K

Jazz Wealth Managers

The IRS Changed Inherited IRA Rules (Do Not Mess This Up)

⏲ 5 minutes 43 seconds 👁 10.1K

A workaround for the Roth IRA income restrictions enables wealthier individuals to to earn tax-free income. But how long will that back door remain open?

What Is Backdoor Roth IRA? How It Works And Advantages

⏲ 4:6 👁 9M

Cardinal Advisors

Inherited IRA - IRS Change to 10 Year Rule

⏲ 16 minutes 50 seconds 👁 3.9K

The Tax Geek

IRA 101: Contributions

⏲ 7 minutes 27 seconds 👁 1.8K

#CosmoWomenOfInfluence 2024 Awardee #DrAiveeTeo ( @AiveeDay ) is a well-known Pinay dermatologist. In this #CosmoChallenge episode, she sat down with Cosmopolitan Philippines to discuss important beauty lessons, such as why you need a good morning/evening skincare routine, what to expect on your first visit to the dermatologist, and more.<br/><br/>VIDEO PRODUCED BY: <br/>Ira Nopuente, Andie Estella<br/>VIDEO SHOT BY: <br/>Jino Del Mundo<br/>VIDEO EDITED BY: <br/>Richford Unciano

Dr. Aivee Teo Shares Important Skincare Tips And Reveals Her Daily Beauty Routine | Cosmo Challenge

⏲ 4:55 👁 31.6M

The Ramsey Show Highlights

Should I Convert My Retirement To Roth?

⏲ 5 minutes 35 seconds 👁 166.3K

The Wealth Workshop

Roth IRA vs Traditional IRA | Which is BEST for you?

⏲ 8 minutes 16 seconds 👁 7.5K

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