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During last Tuesday's Senate Finance Committee hearing, Sen. Bob Casey (D-PA) questioned IRS Commissioner Daniel Werfel about new funding, and efforts to crackdown on evasion from complex and large wealth businesses and individuals.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com
⏲ 5:19 ✓ 25-Apr-2024
The Clinton Donnelly Show
⏲ 9 minutes 34 seconds 👁 387
IRS TAX AID
⏲ 3 minutes 41 seconds 👁 121
#theinfosite<br/>#fbr <br/>#incometaxreturn <br/><br/>In this very informative video I am going to show you how can we check out information on FBR Maloomat portal. This is a special initiative taken by FBR after getting access to most of information of people of Pakistan. This information is about Properties, Vehicles, Credit Cards & Travelling etc. So dont hide any information while filing your income tax return so that you would not be able to face any difficulties in future.
⏲ 8:30 ✓ 24-Apr-2024
IRS Tax Problem Service
⏲ 5 minutes 8 seconds 👁 2
IRS TAX AID
⏲ 5 minutes 8 seconds 👁 507
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 ✓ 23-Apr-2024
All ROADS Community
⏲ 6 minutes 40 seconds 👁 32.2K
Community Income Tax
⏲ 1 minute 57 seconds 👁 351
IRS Tax Problem Service
⏲ 3 minutes 23 seconds 👁 22
IRS Tax Problem Service
⏲ 2 minutes 47 seconds 👁 14
IRSvideos
⏲ 1 minute 30 seconds 👁 70.8K
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