Sentences with phrase «one's own tax situation»

Depending on individual tax situations, customers may receive an available federal tax credit of up to $ 7,500.

This benefit is situation - specific, however, so make certain you look at your particular tax situation closely.

As a millennial, you might have a surprisingly complex tax situation.

It's good to know, as was going to give her a call with quite a complicated tax situation involving multiple states and countries, over a period of several years.

Always be sure you're including a tax professional in these conversations to understand how to make tax time easier, as everyone's personal tax situations vary.

Each purchase is a separate transaction, a separate cost basis for you to track, and it's own unique tax situation when sold.

That way you'll be better prepared to take control of your own tax situation now and in the coming years.

Even more important, you need to consider your income tax situation when deciding where to hold your fund.

If you do that and your overall tax situation allows it, you can deduct the payment on your 2017 tax return.

We also have developed and applied design principles, such as 80 % of the people that see a given page can find information on it that pertains to their unique tax situation.

The scholarship winner has the best tax situation of all college students.

Start now by looking at your current tax situation, making a plan to increase your passive income streams and determining your marginal tax rate.

So, what does a straightforward tax situation look like?

Implementation of a straight percentage tax without loop holes implemented over time to allow people to adjust to new tax situations would seem to make the most sense.

This is because the majority of tax preparation software is designed for individuals with simpler tax situations, and is not well - suited for taxpayers with complex finances.

As we near the end of 2012, both the income and estate tax situation is particularly volatile.

To make the best choice, you need to look at both yields under the same light or, in this case, the same tax situation.

As with many tax situations, special rules apply.

Since tax situations are complicated, it's probably best to get help from an experienced tax professional.

Wouldn't an individuals tax situation come into play?

If you have a straightforward tax situation, it makes sense to do it yourself because it will be much cheaper.

A similar adverse tax situation can arise if the shares you receive vest over time, which they typically do.

I believe it's worth it for my still slightly - unusual tax situation.

When deciding between a TFSA and an RRSP you want to consider your contribution approach, and your anticipated tax situation at the time of withdrawal.

And a couple's federal tax situation could be dramatically different.

Still, the updated tax situation is not enough to move it out of not - friendly territory for retirees.

The information above should help you understand the basic features of capital gains and losses, and how they affect can affect your capital gains tax situation.

Play around with online calculators, but use caution with these — they generally ignore tax situations and are based on the assumptions you enter.

You do not want to get into a difficult tax situation, but you also do not want the cash value to go unused.

I think most people will be in the dark on their own tax situation til they actually file their taxes next year.

But the association will continue to monitor the business tax situation.

The personal exemption is going up, which for some could offset the caps on the above deductions based on their own specific tax situation.

Your actual after - tax return depends on your particular tax situation and may differ from those shown.

However, it's impossible to cover every nuance of tax and business law that applies to your business — especially if your business has several owners with different and complex tax situations.

But sometimes things go wrong — the check is sent to your old address, or maybe you have an unusually complicated tax situation.

If you have questions about your personal tax situation, it is highly recommended to meet with a tax advisor or attorney.

Actual savings from the federal government depend on individual tax situations.

How will the form of business ownership you choose affect your income tax situation?

A key piece of your retirement withdrawals strategy will involve taxes and it is important to understand both how taxes work for various accounts and investments, as well your overall tax situation.

The first step is to get a really good understanding of your current tax situation.

This edition is best for those with simple tax situations, but with slightly more needs than the Free version gives.

But the truth is that different people have different amounts of money to burn, different goals and different locations, implying different tax situations.

Based on your unique tax situation, we'll let you know exactly which forms you'll need to get started on your taxes.

My setup is a bit different than yours, of course, but I could find myself in that same tax situation.

You should consult your own tax advisor about your own tax situation.

However, as SnapTax adds more capability and starts to cover more tax situations in future years (tuition slips, charitable receipts, RRSP contribution statements etc.), it will make tax filing a breeze for a very large number of Canadians.

However, they would be willing to trade their current tax situation for the favourable one that Canada offers.