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Editor Jill Buchanan talks us through the headlines from The Falkirk Herald.

Falkirk Herald Bulletin 16-05-24

⏲ 2:14 👁 41.5M

The Organic Chemistry Tutor

How To Calculate Federal Income Taxes - Social Security & Medicare Included

⏲ 25 minutes 5 seconds 👁 153.9K

Travis Sickle

How to estimate your personal income taxes

⏲ 4 minutes 48 seconds 👁 62.3K

Independent Senator Jacqui Lambie has slammed the federal budget's $300 energy rebate and tax cuts announced by treasurer Jim Chalmers on Tuesday, May 14. Vision courtesy: ABC

'Gotta be joking me': Jacqui Lambie slams federal budget's cash splash

⏲ 0:53 👁 40.3M

ET Money

How to Calculate your Income Tax? Step-by-Step Guide for Income Tax Calculation

⏲ 7 minutes 37 seconds 👁 224.7K

Bryan Foster

Calculating Income Tax

⏲ 5 minutes 35 seconds 👁 12.4K

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 👁 7.4M

ClearValue Tax

Tax Brackets Explained For Beginners in The USA

⏲ 4 minutes 29 seconds 👁 139.1K

Tz Tutoring

Grade 12 Mathematical Literacy(P1): Taxation

⏲ 12 minutes 6 seconds 👁 170.4K

Meet The Greek Shipping Billionaires Getting Rich Off Russian Oil

⏲ 17:15 👁 6.1M

Canada Benefits

CRA Confirms! Delivery Date of $1,200 Mo OAS Payments For Canada Seniors

⏲ 9 minutes 41 seconds 👁 2.1K

Desi FIRE Podcast

Should you Invest in NPS? Find out with this calculator

⏲ 28 minutes 27 seconds 👁 1.5K

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