Sentences with phrase «on substantial tax benefits»

Those who aren't using them are missing out on substantial tax benefits.

Not exact matches

While it's true that some people don't have to pay taxes on their Social Security income, benefits are taxable if you have, in the words of the Social Security Administration, «other substantial income.»

Mark's primary areas of expertise include: assisting clients with substantial private businesses manage the growth from a financial and strategic perspective advising high net worth clients on succession and estate planning issues helping clients achieve the optimal value for their business upon disposal on an after tax basis analysis of business performance assisting clients with debt raising issues structuring client's affairs for maximum tax benefits.

Because of the low wages they pay workers in South Africa and Latin America, treating their financial losses as tax write offs, when labor negotiations were going on and violence threatened, the companies certainly had the upper hand; the unions accepted a substantial cut in wages and benefits.

Employers who can make a tax - deductible contribution into an IRA for yourself and on behalf of your employees as a substantial tax - free fringe benefit.

This usually happens only if you have other substantial income (such as wages, self - employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits.

The amount of the WEP benefit reduction depends on the year you turn 62 (eligibility year) and the number of years in which you had «substantial earnings» and paid into Social Security, with the maximum reduction potentially applying for those who paid Social Security taxes for 20 years or less (see table).

While it's true that some people don't have to pay taxes on their Social Security income, benefits are taxable if you have, in the words of the Social Security Administration, «other substantial income.»

Consequently, our ability to use the tax benefits associated with our substantial NOLs will depend significantly on our success in identifying suitable acquisition candidates, and once identified, successfully consummating an acquisition of these candidates.

«in addition to the clawback issue, there are other important one - time but substantial hits: (1) a partner would lose any capital account, (2) a partner may have to pay income taxes on any partnership debt that is forgiven as part of the reorganization (the cancellation of indebtedness income flow through the partnership to the individual partners) and (3) the partner may lose entirely benefits under certain types of retirement plans.

Focusing only on tax benefits is a sure shot way to not be able to build up a substantial retirement corpus.

Considering that death benefits often provide a substantial amount of money, estate taxes on insurance policies can also be quite significant.

Contract jobs rose in popularity in the last 15 years when employers realized they could save a substantial amount of money on payroll, employment taxes, and benefits by hiring contractors.

I guess CREA, OREA (Ontario) and the other provincial associations have to show their tax - paying members that they are doing something substantial with their tax dollars in pursuit of dredging up business for the field workers... so that they can keep on paying those dues dollars for those salaries, benefits and perks etc....

Depending on how long you owed it, how long you have rented it, and how much longer you will keep it, you may be giving up a substantial tax benefit.