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_what-are-taxable-purchases.webp "Sales Tax Sisters")
_new-inflation-adjusted-tax-brackets-for-2024.webp "Streamline Financial")
_walmart-surpasses-36500-billion-market-cap-after-strong-q1-results.webp "Walmart's stock price rose after it reported first-quarter earnings that beat analyst expectations, demonstrating consumer resilience in spending despite economic pressure. Walmart's market capitalization surpassed $500 billion for the first time following the strong earnings results. Walmart's CFO stated that consumers have remained consistent in spending from quarter to quarter, though budgets remain stretched. Upper-income consumers are increasingly shopping at Walmart. Analysts noted Walmart's increasing focus on higher-margin revenue streams like digital advertising, marketplace fees, and fulfillment services contributing to growth.")
_cpa-explains-how-to-deduct-all-medical-expenses-from-taxes.webp "Sherman - My CPA Coach")
_blessing-of-the-hops-prayer-at-hogs-back-brewery.webp "Hogs Back Brewery blesses hop garden, continues âbeating the bounds' tradition<br/><br/>Surrey-based Hogs Back Brewery recently held its annual Hop Blessing at its brewery and hop garden in Tongham. Around 100 people gathered in the evening sunshine to enjoy the ceremony and the âbeating the bounds' walk, back as part of the event for a second year.<br/><br/>The Hop Blessing took place on Ascension Day (9 May), the day on which crop blessings were traditionally held for centuries. Rev. Claire Holt, of St Paul's Church in Tongham, blessed the crops and, with Hogs Back Brewery managing director Rupert Thompson, led guests on the walk around the 8.5-acre hop garden.<br/><br/>Blessing of crops was observed in rural communities in a bid to encourage a bountiful harvest.Hogs Back revived the tradition in 2014 when they planted their original hop garden over the road from the brewery and continued it when they relocated to the current, larger site.Currently, the 6,000 hop plants in the Hogs Back garden are climbing up strings, spurred by the recent rainfall, and the brewery is hoping for an ample crop to harvest in late August. <br/><br/>Beating the bounds similarly took place around Ascension Day, when the priest would lead a group around the parish boundaries, as a way of instilling this vital information: your parish dictated how much tax you paid, and where you could be buried, for example.The âbeating the bounds' name may have its origins in a tradition of beating children's heads at each of the boundary stones to drive home the information - a part of the custom that Hogs Back is not observing!<br/><br/>Rev. Holt said: \")
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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 individualâs 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.")
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