Apr 7, 2023
In this episode:
- Tax Day is April 18, 2023 this year.
- A breakdown of Capital Gains, Like-Kind Exchanges and related strategies.
- Social Security wage base is on the rise.
- IRS penalties and interest are high if you don't pay by April 18th, regardless of extension status.
We also hear the story of the "The Welfare Queen" Linda Taylor. Linda Taylor, notorious for defrauding the welfare system, was a woman of multiple aliases and faced numerous accusations of criminal activity. Her reputation as a welfare recipient who drove a Cadillac continues to be widely recognized.