2024 IRS TAX REFUND UPDAT3 - New Refunds Processed, Tax Return Delays, Refund Holds, IRS Notices from irs updates on tax refunds Watch Video

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UI Vlogs 2021

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This year week we look at:nnIRS gives details on automatic refunds on unemployment exclusionnFormal notice of extension of time to file 2020 Forms 1040 issuednIRS updates ERC guidance for the version for first six months of 2021nA look at the mess that is the issue of whether controlling shareholder wages can qualify for ERC
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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.
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#attatarar #pmshehbazsharif #ranasanaullah #chairmanpti #pakvseng #bulletin <br/><br/>Pakistan welcomes new ICJ ruling against Israel<br/><br/>Cabinet approves package for Chinese victims of Dasu terror attack<br/><br/>SBP to introduce QR code payment for sacrificial animals purchase<br/><br/>Anti-tetanus injection consignment to ‘arrive’ in Pakistan on May 27<br/><br/>Hajj 2024: Saudi Arabia unveils customs rules for overseas pilgrims<br/><br/>Relief to PTI is not consequence of any signal: Rana Sanaullah<br/><br/>Five killed in dumper-van collision in Thatta<br/><br/>Pakistani Journalist ‘detained’ in Greece for allegedly waving national flag<br/><br/>PM Shehbaz ‘rejects’ FBR’s tax proposals for Budget 2024<br/><br/>KP CM Gandapur will attend SIFC meeting, says Barrister Saif<br/><br/>After World Court ruling, Palestinians want action not words<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
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