by awarner | Jan 10, 2022 | Uncategorized
Anyone who gifted assets within five years of applying for Medicaid may be subject to a penalty period, but that penalty can be reduced or eliminated if the assets are returned. In order to be eligible for Medicaid, you cannot have recently transferred assets....
by Annie Warner | Jan 10, 2022 | Uncategorized
The amount you can gift to any one person without filing a gift tax form is increasing to $16,000 in 2022, the first increase since 2018. The federal estate tax exclusion is also climbing to more than $12 million per individual. The IRS’s announcement that...
by awarner | Jan 10, 2022 | Uncategorized
The federal government says it encourages people receiving federal disability payments to find jobs—but sometimes ends up discouraging them from working at all, a study has found. People enrolled in Social Security Disability Insurance (SSDI) are allowed to earn...