Sponsor spotlight: Age (not death!) and taxes

Death should not be a taxable event

In 1789, Benjamin Franklin famously observed, “In this world, nothing is certain except death and taxes.” It wasn’t until 1797 that U.S. politicians, in their wisdom, combined death and taxes, imposing a temporary federal estate tax on the American people…

Sponsor spotlight: Age (not death!) and taxes

One of the elements that makes our federal tax code so hard to follow is that different laws apply based on your or your dependents’ age. To help navigate through...

Sponsors Spotlight: Asda - Spennymoor Town FC

In the build-up to our appearance in the Isuzu FA Trophy Final on Sunday 11th May we wanted to shine a light on the businesses supporting the Club on the road to Wembley. Next to feature are none other than Asda, our local superstore who are providing the Club and the squad with outstanding backing as […] The post Sponsors Spotlight: Asda appeared first on Spennymoor Town FC.

Two in five consumers don’t understand what happens when they inherit | Today's Wills and Probate

Consumers are confused about inheritance tax (IHT), the process of probate, and where they should go for help if they find themselves the potential beneficiary of a will. Comprehensive research conducted on behalf of The Estate Registry found that out of 2,000 UK consumers questioned, 39% don’t understand what happens if/when they inherit something, rising to 57% for those under the age of 35. And while the Government battles with the politics o…

Sponsor spotlight: Age (not death!) and taxes - Lynnwood Today

One of the elements that makes our federal tax code so hard to follow is that different laws apply based on your or your dependents’ age. To help navigate through some of this maze, here is a chart that outlines key ages and how they apply to your tax obligation. Please note: These age triggers outline some of the major tax events that relate to your age. In most cases the impacted year is the year you turn the age on this chart. Example: If you…