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Obituary: Allen R. Stasulis

Obituary: Allen R. Stasulis
sunjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunjournal.com Daily Mail and Mail on Sunday newspapers.

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Rising With The SALT Tide: The Legacy Of Tax Partner Carol Calkins

Rising With The SALT Tide: The Legacy Of Tax Partner Carol Calkins
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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The Best Tax Software of 2021

The Best Tax Software of 2021
Reviewed.com
2/8/2021
Taylor Medine
Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission.
Filing taxes is one of those adult tasks that hardly anyone enjoys, and you might be particularly apprehensive to file for 2020 since it was a unique year (to say the least).
If your hours were cut, you lost a job, or started a side hustle, your tax situation might look dramatically different than it did in years past. How will all of the changes affect your tax return? An online tax software including our best overall pick, ....

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The Best Tax Software of 2021 - Reviewed Money

The Best Tax Software of 2021
Updated March 16, 2021
You may not be a huge fan of tax season, but our tester did some of the heavy lifting, completing 20 fictional returns to sort out the best tax software for you.
Itâs probably safe to say youâre even less of a fan of the 2020 tax season, what with stimulus checks(not taxable) and unemployment benefits(taxable) coming into play this year.
An online tax softwareâincluding our best overall pick,
TurboTax (available at Intuit)âcan make the process easier. Thatâs why we looked at things like claiming the Recovery Rebate Credit, in case you didnât see the full Economic Impact Payments for which youâre eligible. ....

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VERIFY: Yes, President Biden said he wants to eliminate an inherited property tax break

David Katz, Matrix Asset Advisors president and chief investment officer
What we found
First of all, stepped-up basis is a real thing. The Tax Policy Center says it allows someone who inherits real estate to only pay taxes on the property’s increased value from the time it was inherited – not from the time it was originally purchased.
“Under current law, capital gains generally are only subject to tax when they are realized upon the sale or exchange of the asset. If the assets are held until death, the gains are not subject to income tax, because the basis is ‘stepped up’ to the fair market value at the time of death,” explained Jessica Jeane, director of public policy & strategic planning at the National Association of Accountants. ....

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