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At a Senate Finance Committee hearing prior to the Congressional recess, Sen. Bill Cassidy (R-LA) questioned IRS Commissioner Danny Werfel about efforts to capture fraud.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com

'Is The IRS Doing Any Of That?': Bill Cassidy Grills IRS Chief About Efforts To Capture Fraud

⏲ 7:44 👁 16M

IRSvideos

File Your IRS Tax Return Electronically for Free

⏲ 1 minute 47 seconds 👁 18K

FreeTaxUSA

File Your Federal Taxes 100% Free (IRS E-File Included) on FreeTaxUSA

⏲ 35 seconds 👁 6.7M

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 👁 5.3M

IRSvideos

Get Ready to File Your Taxes

⏲ 1 minute 38 seconds 👁 4.8K

Click On Detroit | Local 4 | WDIV

Tax Day 2023: How to file your federal taxes with free IRS service

⏲ 2 minutes 28 seconds 👁 635

At a Senate Finance Committee hearing prior to the Congressional recess, Sen. Todd Young (R-IN) questioned IRS Commissioner Danny Werfel about the failure of constituents to get service.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com

IRS Commissioner Danny Werfel Asked Point Blank About Poor Customer Service For Taxpayers

⏲ 5:4 👁 3.3M

IRSvideos

Tax Resources for Members of the Military

⏲ 1 minute 43 seconds 👁 2K

Accounting Instruction, Help, u0026 How To

IRS Free File Online

⏲ 14 minutes 37 seconds 👁 46.4K

When you’re selling and rebuying stocks, it’s important to understand the wash sale rule and avoid having losses disallowed by the IRS.

How Does The Wash-Sale Rule Work And What To Look Out For

⏲ 2:38 👁 360K

AGC Solutions

How to Quickly Set Up IRS Taxpayer Account using ID.me (Walkthrough)

⏲ 10 minutes 32 seconds 👁 47.6K

Money Makers

2023 IRS Form 1040 Walkthrough Step By Step | Single No Dependents | 2023 -2024 Form 1040 Explained

⏲ 18 minutes 4 seconds 👁 10.4K

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