Uncategorized

IRS Quietly Changes Rule That Could Impact Your Children’s Inheritance

A financial strategy used by wealthy taxpayers to pass their assets on to their children, instead of throwing them in the lap of a nursing home has now become potentially less attractive. The Internal Revenue Service in March published Revenue Ruling 2023-2, which Kiplinger said has a “substantial impact on...

A financial strategy used by wealthy taxpayers to pass their assets on to their children, instead of throwing them in the lap of a nursing home has now become potentially less attractive. The Internal Revenue Service in March published Revenue Ruling 2023-2, which Kiplinger said has a “substantial impact on…

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter

See also  Texas Wins Election Standoff with Biden-Harris DOJ: 'We Will Not Be Bullied'