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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
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CA Guru Ji
New Form 10IEA to file before ITR filing A.Y. 2024-25& F.Y. 2023-24 | How to file Form 10-IEA
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File Form 10E and Tax relief u s 89 for arrear salary on new e filing portal 2022 for ITR filing
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Video has emerged of a dad feeding his baby at a packed Taylor Swift concert - before putting him on the floor.<br/><br/>Shocked Chloé Kieffer, 29, filmed the family at the La Defénse Arena, Paris - night two of the European leg of Taylor’s ‘Eras’ Tour.<br/><br/>It shows the tot being bottle-fed by his dad - before he's put on the ground for a rest, on May 10.<br/><br/>Chloé claims he was left for a “good while” - while other people laughed.And security offered the family seats - but they declined.<br/><br/>Photo of the incident have been shared on Twitter.<br/><br/>Chloé, a freelance writer, from La Rochelle, France, said: \
Baby videoed at Taylor Swift's concert - moments before being seen on the floor
⏲ 0:33 👁 5.4M
Teach Me! Personal Finance
IRS Form 1310 walkthrough - ARCHIVED COPY - READ COMMENTS ONLY
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CA Guru Ji
ITR 3 FILING 2024-25 | How to file Income Tax Return | ITR 3
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How to Upload Income Tax Returnsnn1. Connect the pen drive with the digital signature to your computer. Check your mailbox for the VakilSearch email that specifies which Director's signature to use before proceeding.n2. Download the DSC tool and the XML final.n3. Verify that you can access the DSC utility. If the JAVA sign is not visible, your machine does not have JAVA installed.n4. If yes, launch a browser, type in
ITR 6 Uploading into Income tax Portal.mp4
⏲ 2 min 73 sec ✓ 28-Jun-2022
FinTaxPro
Form 10IEA Filing for AY 2024-25
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Jamie York
LTD COMPANY or PERSONAL name?... Which is BEST?
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Sanctions after the invasion of Ukraine sent tanker values soaring, boosting the fortunes of these Greek maritime moguls to record highs and minting at least seven new 10-figure fortunes.<br/><br/>Forbes estimates there are now at least 12 shipping billionaires in Greece, more than at any other time in history. Seven of them are making their debut in Forbes’ billionaire ranks. They are worth a collective $32 billion—the equivalent of roughly 12% of the country’s gross domestic product.<br/><br/>These tycoons are the latest in a line of swashbuckling pioneers hailing back to iconic figures like Aristotle Onassis and Stavros Niarchos, who launched the global oil tanker trade after World War II and became famous for their glamorous marriages and lifestyles. This newer group has been in shipping for decades but kept a lower profile. (Despite their success, none would speak to Forbes, while their representatives either declined to comment or did not respond.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/05/13/meet-the-greek-shipping-billionaires-getting-rich-off-russian-oil/?sh=6323b9ce74f1<br/><br/>0:00 Introduction<br/>0:24 Greece's Presence In The Shipping Industry<br/>2:46 How Has Greece Made So Much Revenue With Shipping<br/>6:59 How Onassis and Niarchos Reached 10 Figure Status<br/>12:44 Tax Sanctions And Where It Applies In Greece<br/>15:20 How Long Will Greece's Shipping Boom Last<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<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/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<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<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Meet The Greek Shipping Billionaires Getting Rich Off Russian Oil
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EDUHOMETAX
HRA Deduction||House Rent Allowance||10(13A) and 80GG||Income Tax Act|| CA TARIQUE KHICHI
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HRA Exemption 10(13)a ITR 2023-24| HRA Exemption calculation 2023| How to claim HRA Exemption ITR |
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