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This week we look at:nPPP Loan program and EIDL Grants Get Additional FundingnPPP guidance raises question of false certification that loans were necessary, provides other clarificationsnIRS provides additional guidance on payments to repair homes due to pyrrhotite damagenRelief for taxpayers unable to meet foreign earned income exclusions due to COVID-19nSpecial procedures for taxpayers who are not required to file but wish to file for advance paymentsnIRS gives special relief related to COVID-

2020-04-27 Is This Necessary

⏲ 21 min 68 sec ✓ 26-Apr-2020

NBCLA

Let Me Explain: New IRS Tax Filing System | NBCLA

⏲ 1 minute 18 seconds 👁 1.1K

Advanced Micro Solutions, Inc.

1095-C - E-Filing to the IRS Using the IRS AIR Format

⏲ 6 minutes 15 seconds 👁 701

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 👁 9.4M

IRSvideos

Filing Information Returns Electronically with the IRS

⏲ 42 seconds 👁 4.3K

Advanced Micro Solutions, Inc.

ACA Filer - Test Files - IRS AIR Format

⏲ 4 minutes 30 seconds 👁 460

Secret UFO Files Strange Stories of Alien Encounters Documentary Movie Trailer HD

Secret UFO Files Strange Stories of Alien Encounters

⏲ 0:59 👁 1.9M

Halfpricesoft

How to Efile 1095 1094 ACA forms to IRS

⏲ 4 minutes 56 seconds 👁 3.7K

IRSvideos

IRS Direct File

⏲ 1 minute 29 seconds 👁 1.5K

Former Senator Kiko Pangilinan elaborates on reasons behind cyber libel case against Cristy Fermin. #PEPNews #PEPCoverage #EntertainmentNewsPH #NewsPH<br/><br/>Video: Rachelle Siazon

Kiko Pangilinan on filing cyber libel case against Cristy Fermin

⏲ 1:31 👁 15.9M

Advanced Micro Solutions, Inc.

1095-B - E-Filing to the IRS Using the IRS AIR Format

⏲ 5 minutes 49 seconds 👁 198

IRSvideos

File Your IRS Tax Return Electronically for Free

⏲ 1 minute 47 seconds 👁 18.3K

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