Governor Gavin Newsom of California recently proposed reinstating the asset tests formerly used to determine eligibility for Medi-Cal health and long-term care benefits for disabled individuals and ...
A foreign corporation is a PFIC if at least 50 percent of its assets produce passive income or are held for the production of passive income. 1 The passive asset test is calculated by determining the ...
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Gov. Newsom proposes 'asset test' for low-income and disabled Medi-Cal applicants. What does that mean?
Millions of Californians who rely on Medi-Cal and In-Home Supportive Services could lose eligibility under a proposal requiring recipients to prove their assets total less than $2,000. Gov. Gavin ...
SNAP beneficiaries would have new rules prove assets and income were under threshold. Some Ohioans who get help paying for food would have to prove they have less than $2,250 in savings and assets, ...
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