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There’s an easy and effective way savers can minimize the damage of a retirement tax bomb. It all starts with making one simple shift in your retirement savings contributions.

Ways Retirees Can Defuse A Retirement Savings Tax Bomb

⏲ 3:0 👁 59.6M

GovernmentofBC

B.C.’s Venture Capital Tax Credit Program – Helping Small Businesses Raise Investment Capital

⏲ 53 minutes 58 seconds 👁 320

Team GRC

BC Renters: Claim Your $400 Tax Credit in 2024!

⏲ 1 minute 3 seconds 👁 216

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 👁 36.3M

Jason Farzinpour

BC Renters: Claim Your $400 Tax Credit in 2024!

⏲ 1 minute 3 seconds 👁 233

GovernmentofBC

Canada’s Free Trade Agreements and B.C.’s Venture Capital Tax Credit Program

⏲ 1 hour 19 minutes 17 seconds 👁 284

We have some exciting news just coming in for all you Lord of the Rings fans out there. A new movie is in the works, titled \

New Lord of the Rings Movie The Hunt for Gollum Set for Release in 2026

⏲ 0:47 👁 87M

Bernie Bogner - Realtor Multiple Realty Ltd.

Here's Who Can't Claim the BC Renter's Tax Credit #BCRentersTaxCrediteligibility

⏲ 1 minute 5 seconds 👁 15

Precedence Private Wealth

𝐖𝐡𝐚𝐭 𝐭𝐨 𝐝𝐨 𝐚𝐟𝐭𝐞𝐫 𝐲𝐨𝐮𝐫 𝐃𝐢𝐬𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐓𝐚𝐱 𝐂𝐫𝐞𝐝𝐢𝐭 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐚𝐩𝐩𝐫𝐨𝐯𝐞𝐝.

⏲ 2 minutes 9 seconds 👁 3.8K

The treasurer has locked in his third budget and on Tuesday night Australians will find out what's in it. Income tax cuts will be the main feature and there may be some help with energy bills, too. But Jim Chalmers insists the budget will show restraint.

Treasurer Jim Chalmers outlines budget priorities

⏲ 2:15 👁 2.4M

GovernmentofBC

Opportunities in Canada’s domestic trade agreements and B.C.’s Venture Capital Tax Credit Program

⏲ 1 hour 2 minutes 16 seconds 👁 189

Precedence Private Wealth

How To Claim The Tax Disability Credit For Yourself!

⏲ 3 minutes 2 seconds 👁 4.9K

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