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The Queen has thanked nurses and praised the \
⏲ 3:10 👁 6.8M
The Ramsey Show Highlights
⏲ 9 minutes 36 seconds 👁 327.2K
The Wall Street Journal
⏲ 6 minutes 2 seconds 👁 387.5K
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.
⏲ 1:29 👁 35.7M
tahririeh plus
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InfoFun
⏲ 40 minutes 5 seconds 👁 461
The Office of the Ombudsman recommends filing a graft case against former health secretary Francisco Duque III and former budget undersecretary Lloyd Christopher Lao. The indictment stems from the allegedly irregular transfer of P41 billion for COVID-19 supplies.<br/><br/>Full story: https://www.rappler.com/philippines/ombudsman-pushes-graft-case-vs-duque-lao-over-irregular-transfer-covid-19-supplies/
⏲ 0:52 👁 7.5M
Vox
⏲ 6 minutes 7 seconds 👁 1.6M
Nguyen CPAs
⏲ 11 minutes 28 seconds 👁 26.6K
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.
⏲ 1:29 👁 4M
Tax Law Guy
⏲ 20 minutes 32 seconds 👁 41K
Newstalk ZB
⏲ 2 minutes 31 seconds 👁 6.9K
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