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Simon Misiewicz US u0026 UK Taxes
Simon Misiewicz US u0026 UK Taxes
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_philips-trust-payouts-by-top-building-societies-39victory-for-people-power39.webp "Yorkshire Post business editor Chris Burn reacts to the news that three top building societies are to pay out tens of millions of pounds to customers who were the victims of the collapse of a company called Philips Trust Corporation.<br/>Read more here: https://www.yorkshirepost.co.uk/business/leeds-newcastle-and-nottingham-building-societies-to-pay-tens-of-millions-to-philips-trust-victims-4613793")
_corporation-tax-explained-bbc-news.webp "BBC News")
_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.")
_corporation-tax-basics-explained-for-small-business-uk.webp "Heelan Associates")
_uk-corporation-tax-rates-2023-for-limited-companies.webp "Simon Misiewicz US u0026 UK Taxes")
_philips-trust-payouts-by-top-building-societies-39victory-for-people-power39.jpg)
_corporation-tax-explained-bbc-news.jpg)
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