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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 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-audits-common-interview-questions.webp "Milikowsky Tax Law")
_mr-beast-gets-questioned-by-the-irs.webp "TMG Podcast Highlights")
_mark-cuban39s-36288m-wire-transfer-to-irs-a-veiled-jab-at-trump.webp "On Sunday, Mark Cuban took to X, formerly Twitter, to announce his upcoming tax payment to the IRS. The “Shark Tank” fame entrepreneur stated, “I pay what I owe. Tomorrow I will wire transfer to the IRS $288,000,000.00. This country has done so much for me, I'm proud to pay my taxes every single year.”")
_ex-irs-agent-tells-it-like-it-is.webp "nalldavid")
_the-cutting-edge-july-1985-austin-tx.webp "I.R.S. RECORDS’THE CUTTING EDGE - THE AUSTIN SHOWAUGUST 1985nOriginally airing on MTV in August 1985 this episode featured the Austin music scene. Hosted by The Fleshtones’ Peter Zaremba, the episode showed only local bands, most unsigned. A testament to the strength of the under-rated music scene there, then. Includes rare live performances and interviews by Daniel Johnston, Timbuk 3, Zeitgest, Joe King Carrasco, Glass Eye, Dino Lee, Poison 13, Dharma Bums, Tailgators, True Believers wi")
_irs-interview.webp "FOX10 News")
_what-the-irs-is-actually-looking-for-that-could-trigger-a-tax-audit.webp "CBS News")
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