Sentences with phrase «income tax planning strategies»

Generally, most investors are searching for income tax planning strategies that will allow them to defer, structure, exclude or avoid the payment of their capital gain taxes and depreciation recapture taxes.

It is important for you to consider all of the available options before proceeding with a specific tax - deferral or tax - exclusion income tax planning strategy.

It is a great income tax planning strategy when you have a highly appreciated primary residence.

The ability to defer or exclude depreciation recapture and / or capital gains from your taxable income is a tremendous and significant income tax planning strategy.

Not exact matches

When considering a business sale, a company owner typically faces a daunting intersection of several planning issues related to deal structure decisions, legal and regulatory considerations, income - tax minimization planning, wealth transfer, philanthropic strategies and capital - sufficiency analysis.

Consider undertaking a purpose - based approach that appropriately matches your goals with investment strategies such as these: a short - term strategy (tax reserves, working capital, near - term planned outlays and lifestyle needs), an intermediate - term strategy (new investments) or a long - term (income needs, wealth transfer and philanthropy).

They allow lower and middle income families to shield their retirement savings from high rates of taxation and clawbacks of public pensions, leveling the tax «playing field» compared to high income families with access to many tax - planning strategies.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.

Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018, on both a consolidated and segment basis; projected total revenue growth and global medical customer growth, each over year end 2017; projected growth beyond 2018; projected medical care and operating expense ratios and medical cost trends; our projected consolidated adjusted tax rate; future financial or operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas; financing or capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the proposed merger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performance.

Ms. Johnson's work focused on tailoring plans for clients that carefully integrated their investment objectives, insurance and income needs with their tax planning and legacy strategies.

Let's take a look at some potential income and tax planning strategies that our prospects and clients may want to consider.

The NUA tax strategy allows certain clients whose qualified retirement plans contain these appreciated employer securities to eventually pay taxes on the appreciated value of those securities at the lower long - term capital gains tax rate, rather than at the ordinary income tax rate that would otherwise apply to retirement plan distributions.

Other strategies include taking distributions from retirement plans before 70 1/2 when the taxpayer is in a lower bracket or investing in municipal bonds in order to receive tax - free interest income.

Attorney and CPA Mark J. Kohler and expert financial planner Randall A. Luebke deliver a guide catered to your entrepreneurial journey as they teach you how to create assets that provide income so work is no longer a requirement, identify money and tax - saving strategies, and address business succession plans to help you transition into the investment phase of business ownership.

Your advisor can provide access to the appropriate resources and will partner with you and any professionals like your attorney and accountant, to help you develop financial, income tax, and estate planning strategies.

A retirement income plan is another way in which the different components of a tax strategy can complement one another by sequencing withdrawals in a tax efficient way.

Tax planning strategies can vary with your age and income.

We have worked on international tax - planning strategies and transactions, international tax consequences of cross-border acquisitions and dispositions of businesses, dual consolidated losses, the maximum utilization of foreign tax credits, Subpart F taxation, transfer pricing, VAT, the PFIC rules, sourcing of income, and the FIRPTA rules.

On the other hand, if you've opted to defer the Canada Pension Plan and / or Old Age Security till 70 or close to it, that might make the tax - free dividend income strategy partly implementable in semi-retirement.

Other strategies include taking distributions from retirement plans before 70 1/2 when the taxpayer is in a lower bracket or investing in municipal bonds in order to receive tax - free interest income.

For example, tax planning strategies to reduce regular tax oftentimes include deferring income and accelerating deductions.

However, you can still restructure your payment strategies to optimize your tax results even if your current retirement income plan doesn't provide maximum tax benefits.

If you plan to use this strategy, be aware that the Canada Revenue Agency (CRA) insists that you leave the money in the spousal RRSP for up to three years after the higher - income spouse has made a deposit, otherwise, it's taxed in the higher earner's hands.

And while the Roth IRA is the epicenter of my early retirement plan, my retirement strategy as a whole revolves around three key «loopholes» in the tax code: 1) conversions, 2) tax - and penalty - free withdrawals of contributions to Roth IRAs, and 3) 0 % capital gains tax when in the 15 % income tax bracket or lower.

Hosts Joe Anderson, CFP ® and «Big Al» Clopine, CPA break down key strategies on designing your investment portfolio, maximizing Social Security, generating a retirement income distribution plan, avoiding paying unnecessary taxes and so much more.

Perhaps you don't plan on your income being high enough that tax strategies will be meaningful, but you never know.

Has your advisor created a written comprehensive financial strategy encompassing tax strategies, investment allocation, retirement income planning, and risk management?

«If the «average Joe» plans properly and maximizes these three strategies, he can surely keep his retirement income taxes very low, or even have tax - free golden years,» says certified financial planner, Michael Hardy.

About Blog Affinity Asset Management is a full service financial advisory firm, specializing in Money Management, Retirement Tax Strategies, Retirement Income Design, and Retirement Planning.

Another strategy to minimize income taxes on your RRSP / RRIF at death is to take annual withdrawals from your plan during your lifetime to maximize the income that will be taxed at low rates by forcing additional withdrawals in years you are in a lower tax bracket.

A tax planning strategy whereby the higher - earning spouse transfers income to the lower - earning spouse to reduce taxable income.

It never hurts to talk about tax planning strategies with your tax preparer or CPA to lower your taxable income the next time you file.

They allow lower and middle income families to shield their retirement savings from high rates of taxation and clawbacks of public pensions, leveling the tax «playing field» compared to high income families with access to many tax - planning strategies.

One key to this tax planning strategy is to know when it is possible to lower income for a tax benefit.

Let's assume I pose the following set of facts: 1) I need to plan for a 60 year retirement, 2) I want to have at the end of Year 60 100 % of my original balance (inflation adjusted obviously), 3) Only 10 % of my savings / investments is in tax deferred accounts (e.g., the bulk are in a taxable accounts), 4) I need a 6 % withdrawal rate pre-tax, and 5) I am indifferent to strategy (VII, etc) and asset choices (annuity vs. dividend blend vs. income, etc) but to guarantee the goals above.

Annuity Primer Safe Money Contracts Indexed Annuity GIB Rider FIA Hedging FIA Reset FIA Crediting IRA Rollover RMD Conversion Roth Annuity Stretch IRA LTC Annuity Longevity Annuity (QLAC) Retirement Income Questions Retirement Tax Strategy CD Rollover Immediate Annuity Split Annuity Annuity Laddering Annuity Buckets 401k Plan Rollover Simple 401k Plan 412e3 Pension Plan Cash Balance Pension

by Ed Rempel Mar 5, 2018 Financial Planning Wisdom, Retirement Income, Retirement Planning Wisdom, Tax Strategies, TFSA or RRSP?

He is founder of Reyes Financial Architecture, a Registered Investment Advisory firm specializing in portfolio risk managed strategies; retirement income distribution planning; tax reduction strategies, estate planning and Social Security planning.

Another of his functions at Pure is directing the tax planning department to recommend and implement integrated tax planning strategies to reduce current and future income taxes.

We provide a full menu of financial planning, insurance, and asset management services, including personal financial planning, investment strategy and portfolio selection, strategic tax planning, retirement income strategies, group RRSP and healthcare plans, wills and estate planning.

by Ed Rempel Mar 25, 2018 Financial Planning Wisdom, Retirement Income, Retirement Planning Wisdom, Smith Manoeuvre Wisdom, Tax Strategies, TFSA or RRSP?

by Ed Rempel Apr 12, 2018 Financial Planning Wisdom, Investment Wisdom, Retirement Income, Retirement Planning Wisdom, Tax Strategies, TFSA or RRSP?

Michael is available to speak on a wide range of topics pertaining to financial planning, including research on safe withdrawal rates and other retirement strategies, tactical asset allocation and other investment strategies, the use of insurance and annuity products, and income and estate tax planning strategies.

About Blog Affinity Asset Management is a full service financial advisory firm, specializing in Money Management, Retirement Tax Strategies, Retirement Income Design, and Retirement Planning.

A tax planning method is defined as «any plan, strategy, technique, or structure designed to affect Federal income, estate, gift, generation skipping transfer, employment, or excise taxes.»

Common Features of Kotak Mahindra Old Mutual Life Investment Plans: A variety of Investment Strategies to choose from Option of choosing from a range of funds as per your risk appetite Liberty to switch between funds Facility of Premium Redirection Provision of making partial withdrawals Availability of three settlement options at maturity Income tax benefits

About Blog Affinity Asset Management is a full service financial advisory firm, specializing in Money Management, Retirement Tax Strategies, Retirement Income Design, and Retirement Planning.

Accounting and Financial Administration Professional — Duties & Responsibilities Develop and maintain a strong and extensive working knowledge of various accounting principles, regulations, tax codes, and applications, continuously applying changes to accounting landscape to current responsibilities Apply various accounting rules and procedures to critical tasks, including the review and approval of journal entries, data and financial reconciliations, balance sheet and income statement accounting, cash flow analyses, account collections, capital utilization and on - going budgetary considerations Provide relevant oversight and administration to all aspects of business finance, including billing and collections, payroll execution, vendor relationships, payroll and salary management, and other pertinent functions Perform regular book reconciliations and variance resolutions to ensure audit - ready financials and provide continuous relevant insight into the financial health of the company, in both a regular and ad - hoc manner, to company management Manage important and sensitive financial documents, receipts, and invoices on a daily basis, providing organization for audit assistance and execution as well as compliance with various accounting standards Perform analysis, research and evaluation of current accounting policies and procedures, implementing change where necessary to drive corporate efficiency, manage costs and drive revenue Facilitate the efficiency and implementation of all accounting operations from concept to execution, while coordinating actions on all daily operational and logistical aspects from corporate financial management to payroll Utilize technological resources, including software and accounting applications, to track all aspects of firm accounting and financial operations as well as prepare important and sensitive tax documents related to all aspects of organizational operations Collaborate with respect to effective communication between all departments and coordinate all daily business operations with other leadership staff and other personnel Work closely with and support senior - level management in budgeting and corporate planning strategies Address client, vendor, and management queries, resolving them in an expedited manner Assist management with various other duties as assigned to facilitate efficient administration and operations, making appropriate and effective recommendations with respect to performance optimization

About Blog Affinity Asset Management is a full service financial advisory firm, specializing in Money Management, Retirement Tax Strategies, Retirement Income Design, and Retirement Planning.

This short - term tax deferral strategy provides an excellent income tax planning opportunity when a 1031 exchange transaction does in fact fail unexpectedly.