Tuesday May 30, 2023
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Gift Tax Surprise
Bill: "Every year I pay income tax. And when I pass away my estate will owe tax. But I was absolutely stunned today to hear that I might even have to pay a gift tax! Do you mean that if I give this land to my children, there is yet another tax?" CPA...
IRS Warns About ERC Scams
On May 25, 2023, the Internal Revenue Service (IRS) alerted businesses to be careful about new scams that focus on the Employee Retention Credit (ERC). The IRS has been monitoring a "barrage of aggressive broadcast advertising" that seriously...
Does Medicare Cover Nail Care?
Can you recommend some solutions regarding nail trimming? My nails have gotten increasingly thicker over time and I struggle with using nail clippers. Nail health can be an indicator of a person's overall health. If you have brittle, dull or...