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...
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The House and Senate are working on a major tax bill. Both the House and Senate propose allowing energy credits for 2025. However, the Senate bill proposes eliminating some energy credits within 180 days after the tax bill is enacted. While the...
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Does Medicare cover annual physical exams? I have gotten a physical every year and would like to find out what Medicare covers when I sign up in a few months. Medicare will not cover annual physical exams, but it will cover a one-time “Welcome...
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