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IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
⏲ 1:29 ✓ 06-Jun-2024
Tax Revenue Officer Interview Questions with Answer Examples
⏲ 4 minutes 15 seconds 👁 2.6K
IRS Back Tax forgiveness OIC 2022 | IRS Fresh Start Program - Offer In Compromise
⏲ 4 minutes 55 seconds 👁 5.9K
IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
⏲ 1:29 ✓ 01-Jun-2024
Why The IRS Is Still Struggling To Fund The Government
⏲ 10 minutes 42 seconds 👁 97K
Tax Relief Companies: What to Look For
⏲ 8 minutes 14 seconds 👁 3.9K
IRS Form 433-A (OIC) Offer in Compromise Example - numbers used that got accepted by IRS.
⏲ 22 minutes 5 seconds 👁 12.8K
Understanding the IRS collection process -the most common questions answered
⏲ 4 minutes 26 seconds 👁 1.6K
IRS Scandal: What's It Like to Work for the IRS?
⏲ 5 minutes 41 seconds 👁 6.4K
IRS launching direct file pilot program for 2024 tax season
⏲ 58 seconds 👁 1.4K
Filing Information Returns Electronically with the IRS
⏲ 42 seconds 👁 4.3K
IRS Tax Tip - Here’s how people can become an IRS-certified volunteer
⏲ 5 minutes 22 seconds 👁 2.4K
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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.")
_tax-revenue-officer-interview-questions-with-answer-examples.webp "Mock Questions")
_irs-back-tax-forgiveness-oic-2022-124-irs-fresh-start-program-offer-in-compromise.webp "Help From A Former IRS Agent")
_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.")
_why-the-irs-is-still-struggling-to-fund-the-government.webp "CNBC")
_tax-relief-companies-what-to-look-for.webp "Bye-Bye Back Taxes!")
_irs-form-433-a-oic-offer-in-compromise-example-numbers-used-that-got-accepted-by-irs.webp "EA Tax Resolutions")
_understanding-the-irs-collection-process-the-most-common-questions-answered.webp "IRSMedic")
_irs-scandal-what39s-it-like-to-work-for-the-irs.webp "The Wall Street Journal")
_irs-launching-direct-file-pilot-program-for-2024-tax-season.webp "WPRI")
_filing-information-returns-electronically-with-the-irs.webp "IRSvideos")
_irs-tax-tip-heres-how-people-can-become-an-irs-certified-volunteer.webp "Accounting Instruction, Help, u0026 How To")
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