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During a House Ways and Means Committee hearing Tuesday, Rep. Drew Ferguson (R-GA) spoke about tax credits.<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

'The Math Doesn't Add Up': Drew Ferguson Presses Janet Yellen On Biden's 'Green Energy' Tax Credits

⏲ 5:9 👁 6M

Alanis Business Academy

How to Calculate Your Federal Income Tax Liability | Personal Finance Series

⏲ 8 minutes 23 seconds 👁 51K

Roosevelt University

The Basics of Tax Preparation

⏲ 1 hour 11 minutes 51 seconds 👁 147K

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 👁 1.3M

LYFE Accounting

Small Business Taxes for Beginners & New LLC Owners

⏲ 16 minutes 6 seconds 👁 86.7K

NYSTaxDept

How to File Your Sales Tax Return webinar

⏲ 40 minutes 33 seconds 👁 11.2K

Turf Queensland vice-president Hugo Struss calls on the state government to include them in fire ant eradication planning. Video by Alison Paterson.

Turf Queensland call for seat at the table in fire ant fight | May 3, 2024 | Queensland Country Life

⏲ 0:13 👁 10.5M

shaunteaches

New York State Tax Basics - 100000 Gross Income

⏲ 4 minutes 49 seconds 👁 3.5K

Travis Sickle

How to estimate your personal income taxes

⏲ 4 minutes 48 seconds 👁 61.7K

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 👁 10M

Hauseit

Changes to NYC Mansion Tax and NYS Transfer Tax for 2019 | Hauseit®

⏲ 3 minutes 57 seconds 👁 142

Universal Bookkeeper

NYS Pass Through Entity Tax - Explained

⏲ 6 minutes 32 seconds 👁 2.6K

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