Sentences with phrase «certain federal tax benefits»

Not exact matches

Under the first of those agreements, we generally will be required to pay to the Continuing LLC Owners approximately 85 % of the applicable savings, if any, in income tax that we are deemed to realize (using the actual applicable U.S. federal income tax rate and an assumed combined state and local income tax rate) as a result of (1) certain tax attributes that are created as a result of the exchanges of their LLC Units for shares of our Class A common stock, (2) any existing tax attributes associated with their LLC Units the benefit of which is allocable to us as a result of the exchanges of their LLC Units for shares of our Class A common stock (including the portion of Desert Newco's existing tax basis in its assets that is allocable to the LLC Units that are exchanged), (3) tax benefits related to imputed interest and (4) payments under such TRA.

Social Security benefits are subject to federal income taxes above certain levels of «combined income.»

The government can withhold a portion of Social Security benefits to pay certain debts including back taxes, delinquent federal student loans, alimony and child support, Randall said.

A debt collection tool that allows the government to seize income tax refunds and certain government benefits (for example, Social Security benefits) from individuals who owe debts to the federal government.

One of the most significant benefits of the new tax law was the creation of a permanent 15 % federal long - term capital gain rate (for certain taxpayers) on the sale of capital assets (held for more than one year).

The federal government taxes Social Security benefits if your income exceeds a certain level.

You won't pay any upfront tax benefits, but if you meet certain conditions, your Roth 401k and Roth IRA contributions and all accumulated earnings on those contributions grow free from federal income tax.

Under current and future laws, Social Security benefits are subject to federal income taxes above certain levels of combined income (see table below).

The government can seize tax refunds, wages, and even certain federal benefits like Social Security, all without first getting a judgment in court.

The federal government offers a number of tax benefits (with certain eligibility requirements) that can help ease your tax burden, including tax deductions.

For tax years beginning on or after January 1, 2000 each recipient of certain pension benefits may deduct up to $ 6,000.00 of pension income that is included in federal adjusted gross income.

Michigan and federal tax rules may change in the future and tax benefits are conditioned on meeting certain requirements.

With careful planning, donors may be able to take advantage of federal tax benefits that include avoiding capital gains taxes on certain appreciated property and reducing income and estate taxes.

The income that is received from a living benefit will not be subject to federal income taxes as long as it meets certain criteria.

The SPM includes the value of certain federal in - kind benefits, federal tax benefits, and family expenses.