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Safeguard Wealth Management
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_deferred-tax-ias-12-124-explained-with-examples.webp "Counttuts")
_the-repeal-of-taxes-on-social-security.webp "Devin Carroll")
_our-love-life-isn39t-39damaging39-our-children-124-my-extraordinary-family.webp "ADAM and Eve have been together for 10 years and started in a polyamorous relationship. Since 2020 they have dated about 60 people. They are dating coaches and have applied their knowledge to their own dating lives. Adam and Eve have five children and describe their parenting style as ‘pretty standard’.Eve said: “When it comes to our children we didn’t really sit down and have a specific conversation like ‘Mommy and Daddy are polyamorous’ - so for them it’s just another friend until about six months in.” Despite having dated around 60 people, the couple have only properly introduced three of their partners to their children. The couple have faced judgement about their dating lives and misconceptions about their behaviour in front of their children. Adam said: “I don’t believe our dating life impacts our children in any major way, other than to help them be more tolerant and open to other ideals.” They are currently in a relationship with Bella with whom they got romantically involved a few months ago. Their children adore her and especially enjoy baking with her. Eve said: “The best thing about being in a poly relationship is you’re making your own rules. It’s like you have your cake and eat it.”")
_how-social-security-is-taxed-124-made-easy.webp "Holy Schmidt!")
_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.")
_how-much-of-your-social-security-will-be-taxed.webp "Financial Fast Lane")
_taxes-on-social-security-retirement-benefits-explained.webp "Scott Thomas")
_2020-07-06-what-is-not-discussed.webp "This week we look at:nIRS updates FAQ to discuss PPPFA changes to employer payroll tax deferral rulesnRelief granted to allow for changes to be made in 2020 to safe harbor 401(k) plansnIRS outlines issues with marketing materials for CRAT tax shelter being promotednMemorandum discusses what impact a superseded return has on the statute of limitations for returns filed on extensionnIRS announces July 15 deadline will not be extended for 2019 returns")
_deferred-tax-ias-12-124-explained-with-examples.jpg)
_the-repeal-of-taxes-on-social-security.jpg)
_our-love-life-isn39t-39damaging39-our-children-124-my-extraordinary-family.jpg)
_how-social-security-is-taxed-124-made-easy.jpg)
_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.jpg)
_how-much-of-your-social-security-will-be-taxed.jpg)
_taxes-on-social-security-retirement-benefits-explained.jpg)
_2020-07-06-what-is-not-discussed.jpg)
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