Finance Tax

Every article on UseSpace Review about Finance Tax — 2 stories covering it, newest first.

By Aisha Patel550 views

insurance essentials

Clarification of Tax Basis of Life Insurance Contracts

A detailed explanation of how the tax basis of life insurance contracts is determined, including the transfer-for-value rule, MEC classification, policy loans, and death benefit...

By Aisha Patel380 views

insurance essentials

Corporate Life Insurance Proceeds Paid to Redeem Stock: What You Need to Know

Clarifies how corporate-owned life insurance payouts are taxed and used when redeeming stock, covering basis, surrender cost recovery, and shareholder implications with practica...