2020 tax deferral rules Videos - HiFiMov.co

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RubinBrown Partner Tony Nitti explains the latest legislation passed in response to the COVID-19 pandemic during this special webinar which is now available for rebroadcast.

RubinBrown's Webinar: COVID-19 Legislation Explained

⏲ 69 min 70 sec ✓ 01-Apr-2020

Payroll Minute

Social Security Tax Deferral - Explained (2020)

⏲ 1 minute 47 seconds 👁 79

Home Biz Tax Lady

How the Social Security Payroll Tax Deferral Works 2020

⏲ 12 minutes 57 seconds 👁 930

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

⏲ 1:29 👁 2.2M

WFAA

What to know about the payroll tax deferral

⏲ 4 minutes 36 seconds 👁 168

Calculated Moves

Payroll Tax Deferral as of 08 20 2020

⏲ 3 minutes 58 seconds 👁 59

Use our guide to decide which assets belong in a taxable account and which go into a tax-advantaged account.

What Is A Taxable Or Tax-Deferred Account?

⏲ 1:59 👁 70K

MyNavy HR

Question of the Day - Tax Deferral

⏲ 2 minutes 33 seconds 👁 2.7K

Etrends Group

Payroll Tax Deferral

⏲ 1 minute 6 seconds 👁 119

This week we look at:nPPP loan program FAQ gets updated by SBAnIRS releases §163(j) relief for real estate and farming businessesnProcedures released for making election to waive carryback period under CARES provisionsnIRS explains the payroll tax deferral programnPartnerships covered by BBA CPAR given temporary reprieve from centralized audit rulesnSix month extension granted to file Forms 1045 and 1139nIRS greatly expands list of returns, payments and actions extended to July 15, 2020.

2020-04-13 The IRS Returns to Issuing Guidance

⏲ 29 min 12 sec ✓ 12-Apr-2020

NAIFA

Payroll Tax Deferral - Aug 26, 2020

⏲ 48 minutes 18 seconds 👁 21

Accounting Instruction, Help, u0026 How To

IRS News - Employers can withhold, make payments of deferred Social Security taxes from 2020

⏲ 4 minutes 10 seconds 👁 184

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