Description
In this episode:
Tax Day is April 18, 2023 this year. A breakdown of Capital Gains, Like-Kind Exchanges and related strategies. Social Security wage base is on the rise. IRS penalties and interest are high if you don't pay by April 18th, regardless of extension status.
We also hear the story of the "The Welfare Queen" Linda Taylor. Linda Taylor, notorious for defrauding the welfare system, was a woman of multiple aliases and faced numerous accusations of criminal activity. Her reputation as a welfare recipient who drove a Cadillac continues to be widely recognized.
In this episode:
An overview of President Elect Trump’s proposals and what impact they may have including the taxing of Social Security benefits, overtime and tipping and the SaLT limitation.
We are joined by Ryan and Andrea Maloney, owner/operators of Clean Eatz in Dover, DE. They discuss...
Published 11/16/24
In this episode:
Tax Cuts and Jobs Act expires after 2025. New inflation adjusted numbers reported. Section 179 update. Gift limit is $19,000 for 2025. IRS begins enforcement of gambling earnings reported on Form W2G. Limitations and income tax issues when working overseas. Tabitha Myers of...
Published 11/02/24