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The Office of the Ombudsman recommends filing a graft case against former health secretary Francisco Duque III and former budget undersecretary Lloyd Christopher Lao. The indictment stems from the allegedly irregular transfer of P41 billion for COVID-19 supplies.<br/><br/>Full story: https://www.rappler.com/philippines/ombudsman-pushes-graft-case-vs-duque-lao-over-irregular-transfer-covid-19-supplies/
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Primal Video
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Plugable
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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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My How To Code School
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IT Magics
⏲ 2 minutes 36 seconds 👁 137K
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.
⏲ 1:29 👁 1.9M
macmostvideo
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PhoneBuff
⏲ 1 minute 43 seconds 👁 479.3K
Here are today's headlines – the latest news in the Philippines and around the world:<br/>- Año wants expulsion of Chinese diplomats over ‘malign influence and interference operations’ <br/>- Ombudsman pushes graft case vs Duque, Lao over 'irregular' transfer of P41B for COVID-19 supplies<br/>- Sharon Cuneta, Kiko Pangilinan file cyber libel complaint vs Cristy Fermin<br/>- Sofitel Manila is closing. Here's what we'll miss about the luxury hotel<br/>- OPM band Ben&Ben releases new song ‘COMETS’<br/><br/>https://www.rappler.com/video/daily-wrap/may-10-20
⏲ 5:40 👁 3.9M
Everything Tech
⏲ 6 minutes 47 seconds 👁 15.3K
Tweak Library
⏲ 1 minute 30 seconds 👁 268.7K
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