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Dan Geltrude, Managing Partner at Geltrude & Company, joins TheStreet to share some of the most common mistakes people make on their tax returns.
⏲ 2:5 👁 20.7M
Zoey Siu, CA, CPA, MBA, PMP
⏲ 14 minutes 16 seconds 👁 9.4K
Make That Change
⏲ 15 minutes 25 seconds 👁 44K
There are several energy-efficiency tax credits that can really reduce your tax bill. Miguel Burgos, CPA and TurboTax Live expert, breaks it all down.
⏲ 4:0 👁 10.4M
Jessica Moorhouse - Canadian Personal Finance
⏲ 9 minutes 7 seconds 👁 6.1K
Griffin Milks
⏲ 9 minutes 38 seconds 👁 44.9K
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 👁 22M
Thomas C Chan - Financial Services
⏲ 11 minutes 18 seconds 👁 70.6K
Canadian in a T-Shirt
⏲ 15 minutes 36 seconds 👁 220.4K
Thousands of London homeowners are set to face a huge hike in council tax if their properties are left empty for over a year.Strengthened rules allowing town halls to double council tax bills on long term empty homes come into force on April 1.
⏲ 0:47 👁 155.4M
Canadian Taxpayers Federation
⏲ 31 seconds 👁 318.5K
Mark Walhout
⏲ 13 minutes 12 seconds 👁 23.5K
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