Sentences with phrase «do tax planning»

A very small number of us do any kind of consistent financial planning and even fewer among us do any tax planning.

Your do it yourself tax planning can result in tax evasion.

Here are some things to keep in mind as you do your tax planning.

Now if your sister's daughter was financially dependent on your sister, you might be able to do some tax planning.

Unless you're fortunate enough to live in a state without income tax, you'll need to take this tax reform - related issue to heart as you do your tax planning for 2018.

Before you can do any tax planning around investments you first need to know what gets taxed, why, and by how much.

If your RRSPs are maxed out and you aren't doing any tax planning then at least the TFSA protects you from some of the taxes charged on foreign investments.

You may be wondering... How does this tax plan affect me?

They can and they do, and it is important to note that when doing your tax planning.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thintax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thinTax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

They will hope and implore that the conversation turns to holiday plans and travel, to new babies and weddings in the extended family, school musicals, college and career ambitions, and that «cooked to perfection» turkey, for heaven's sake — not the tax bill or tweet du jour.

The GOP's tax plan would do away with or limit many deductions, which could increase federal taxes for Americans who itemize their deductions.

In addition to portfolio management, does your advisor also offer services such as wealth planning, insurance services, tax planning, estate planning and risk management?

Not only did he help us lay out a plan (which allowed us to meet year - end tax obligations), he pointed out several other items on our return where we had been missing out on an opportunity to save.

The tax credits under the GOP plan have little to do with your income or what it could cost to buy health care.

WHAT THEY DID: An earlier version of the Senate plan would increase deficits by roughly $ 1 trillion over 10 years, even when taking into account additional economic growth forecast with the tax cuts, the Joint Committee on Taxation said last week.

While Congress is in the hands of a Republican majority, getting Democrats to go along with cutting taxes for the wealthiest Americans — as is Trump's plan — will be a tough sell; while the Republicans control the Senate, the Democratic minority could filibuster bills they don't like.

«But we don't have any current plans to release tax returns, but never say never.»

Raymond Haller, tax partner at Grassi & Co., had said of the House plan, «It does not really help the small - business owner who is actively running his company.

Investors planning to buy a mutual fund in a taxable account by the end of the year can get stuck paying taxes on gains they didn't earn.

He said a fourth tax bracket would be added to the plan «so that high income earners do not see a big rate cut, and that those resources go to the middle class.»

The House plan does away with the medical - expense deduction, essentially raising taxes on those with high medical bills — especially the elderly.

However, «if you don't use your own state's plan, and you live in a state with income taxes, you may miss out on a tax deduction,» warns Egan.

The absolute first thing to do is to contact your CPA or tax provider and set up a plan of action to make sure your finances are in good shape for this coming tax season — leverage their expertise to help you.

«All you have to do after you initially save that money is let it sit on the sidelines, ideally in a 401 (k) plan or an IRA so that you don't» have to pay capital gains or dividend taxes on your gains,» Cramer said.

For investors worried that the market is pinning too much on tax - reform prospects — especially as the GOP announced it had to delay by at least one day the release of its plan, which had been scheduled for Wednesday — sectors bets being placed by those with $ 1 million or more in brokerage accounts don't show an overreliance on any single factor.

While the rich and corporations would enjoy a nice long tax cut under the GOP plan, the legislation doesn't indefinitely protect cuts for other Americans.

Did you know that after the age of 50 you can increase contributions to tax - deferred savings plans.

Robo - advisors use the same software as traditional advisors, but usually only offer portfolio management and do not get involved in more personal aspects of wealth management, such as taxes and retirement or estate planning.

If you wish to ensure that your estate does not fall prey to predators, creditors or taxes, keep reading to be sure you're not committing the five cardinal sins of estate planning.

While the White House has given input on the tax plan, like President Donald Trump did when he urged Congress not to change a retirement savings benefit, the congressional tax - writing committees will ultimately decide the bill's shape.

On the other hand, 71 percent favor the law's Medicaid expansion, 66 percent of young adults favor the prohibition on denying people coverage because of a person's medical history, 65 percent favor requiring insurance plans to cover the full cost of birth control, 63 percent favor requiring most employers to pay a fine if they don't offer insurance and 53 percent favor paying for benefit increases with higher payroll taxes for higher earners.

If you're planning to establish a SEP IRA, you should do it by April 15 for the previous tax year.

Investors have been waiting patiently since December's tax plan came out to find out exactly how the company plans to move its money from Europe into America and what it will do with those funds once they arrive back home.

The reality, though, is that, while Trump and Congressional GOP leaders still don't have a comprehensive, detailed plan for tax reform, the proposals they've put forth thus far have been found by independent analysts to disproportionately benefit higher - income taxpayers.

Funding is very flexible, and you don't need to fund the plan until you are ready to file your taxes.

The focus on the tax plan comes just three days before the President's 100th day in office, a point - in - time measurement Trump has called «ridiculous» despite sending his administration officials into overdrive to promote the work he has done so far.

Beyond those basics, you'll get approved more readily and with better terms if you give the banks precisely what they need to make a decision: tax returns and audited (if possible) financial statements (P&L, balance sheets and cash flow) for the year to date and the previous three years; monthly statements for the previous 12 months; a business plan explaining what you do, how you do it and why your company would be a good risk; a detailed projection showing how you will generate the funds to pay down the line; and a backup plan (collateral) to repay the bank if the projections don't pan out.

The tax differences between Roth IRAs and their traditional counterparts can also make them an attractive estate planning tool, which is why Ryan Payne of Payne Capital Management in New York advises clients to do a Roth conversion if they want the money to go to their heirs.

Americans want to see tax cuts turn into a pay raise, but on Main Street most small - business owners don't plan to increase employee wages.

And don't forget, not just a tax plan.

I learned that if I didn't plan my withholdings (and savings) well, I'd get into big trouble come tax time.

A new analysis from a nonpartisan thank tank showed that the Republican tax plan would do little to boost economic growth and would cause the federal deficit to balloon.

Does your company have the adequate resources to handle tax planning, capital raising, cash management and all the other financial functions of a company?

Goldman's CEO says he wouldn't have done it, but calls the plan to spend while cutting taxes a «bold move.»

That's pretty much what the federal government has been doing since 2006, with tweaks such as abolishing mandatory retirement, a graduated rise in the eligibility age for OAS benefits and new tax - sheltered savings vehicles in tax - free savings accounts and pooled registered pension plans.

The House plan, which proposes a $ 1,600 tax credit per child and a $ 300 credit per parent or non-child dependent until 2023, falls short of Ivanka's goal and doesn't come close to satisfying Democrats.

More from Your Money, Your Future: These red flags could trigger a tax audit Use these planning tactics now to juice your 2018 tax savings If you can't pay what you owe the IRS by Tax Day, here's what totax audit Use these planning tactics now to juice your 2018 tax savings If you can't pay what you owe the IRS by Tax Day, here's what totax savings If you can't pay what you owe the IRS by Tax Day, here's what toTax Day, here's what to do

Premier Kathleen Wynne said Ford's promises to cut corporate taxes and halt a planned minimum wage hike set to take effect next year show he doesn't stand up for the average person, despite what he says.

While the minister left the corporate tax rate unchanged, the government spending plan did include cash on several fronts to help Canadian businesses and further its key priorities including supporting women in the workforce.