It is important to talk with your accountant before buying or selling an investment property to be
clear on tax laws, etc..
Not exact matches
Flanagan, to be
clear, has been critical of the
tax law and its cap
on state and local
tax deductions at $ 10,000.
However, signing this bill would jeopardize the state's achievements by sending a
clear signal that New York is a haven for entities intent
on breaking other states»
laws, avoiding other states» legitimately imposed
taxes and regulations, and selling to minors with impunity,» Cuomo wrote in his veto message.
There is little recent guidance
on this issue and it isn't
clear that this rule should apply to accounts established under the more modern version of the custodial account
law, because UTMA contains language designed to prevent parents from being
taxed on custodial account income when the account is used for purposes that fall within the parent's support obligation.
It is therefore
clear from these brief examples how the current lack of applicable
law to unmarried different sex couples affects them
on relationship breakdown, inheritance and
tax issues.