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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.

Ways Retirees Can Defuse A Retirement Savings Tax Bomb

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MedCityCPA

Tax Tips & Strategies for Individuals 2018: IRS Form 1040

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The Self-Employed Tax Guy

2018 IRS Form 1040 Walk Through

⏲ 24 minutes 56 seconds 👁 26.8K

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

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pdftax

How to fill out IRS form 1040 for 2018

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pdftax

How to fill out the new IRS Form 1040 for 2018 with the new tax law

⏲ 8 minutes 37 seconds 👁 104.4K

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

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Accounting Basics

How to fill out the new IRS Form 1040 for 2018 with the new tax law

⏲ 8 minutes 37 seconds 👁 3.1K

Money Instructor

How to Fill Out Form 1040 | Preparing your Taxes | Money Instructor

⏲ 6 minutes 26 seconds 👁 107.6K

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

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Money and Life TV

Preview of 2018 Federal Income Tax Forms andChanges (2018IRS Federal Income Tax Forms)

⏲ 11 minutes 10 seconds 👁 5.8K

pdftax

How to fill out IRS Form 1040 for 2020

⏲ 7 minutes 4 seconds 👁 132.9K

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