Sentences with phrase «same tax strategies»

Not exact matches

Taxpayers» strategy in late 2012 that aimed at avoiding federal income tax hikes in 2013 produced a 10.8 % jump in state personal income tax collections in the fourth quarter of 2012 compared to the same period the previous year, researchers found.

This is the same strategy then - President George W. Bush used to pass his tax cuts under budget reconciliation in 2001, essentially getting around the Byrd deficit restriction by making the tax cuts temporary.

Prof. Wolfson and co-author Scott Legree of the University of Waterloo have now completed a new report, called Private Companies, Professionals and Income Splitting, to consider how much income is flowing from CCPCs to spouses or adult children who are living at the same address as the company owner, which could indicate a tax - reduction strategy by splitting income with lower - earning family members.

The one - time GOP presidential candidate said he was able to turn around New York by using the same strategies Donald Trump wants to deploy nationally, including lowering taxes, reducing regulations and creating a business - friendly environment.

You can also touch a Roth without the 10 penalty using the same strategy, although I understand you will pay taxes so you lose the Roth's advantage.

Follow the same steps outlined in Strategy # 2, with one exception: You'll target the income thresholds that determine whether your Social Security benefits are taxable, rather than income levels associated with a tax bracket.

Other income - smoothing strategies, such as investing in flow - through shares and the timing of capital gains, are more complicated, but they all rely on the same basic idea of smoothing your income and deductions to reduce the total amount of tax you have to pay.

On 10/24/16, the Schroder Broad Tax - Aware Value Bond Fund (the «Predecessor Fund») was reorganized into the Hartford Schroders Tax - Aware Bond Fund, a new Hartford Fund that has substantially the same objective and strategies as the Predecessor Fund.

This fund is not the same as ProShares Managed Futures Strategy (FUTS), which is regulated by the Securities Act of 1933 and generates a K - 1 tax form.

The same goes for your financial plan — hopefully for the better, but regardless, right after tax season is a good time to update the game plan, including your savings strategy for retirement.

Another strategy let's you payoff mortgage in third of the time, save on non tax deductible interest and build sizable retirement portfolio in the same 25 year time frame.

He suggests that implementing strategies such as the Cash Flow Dam or debt swap, which benefit the borrower by paying down the mortgage and reducing taxes, but do not benefit the economy by actually ncreasing investment, should not be chosen, as it may Attract interest from the CRA in the same fashion as did the Lipson case.

AC: And we've seen this mistake Joe, is people have no IRAs, they go ahead and do this strategy that we just mentioned, then they retire from their job and they roll their 401 (k) to an IRA in the same tax year — that blows the whole thing.

Again, even though the strategy increases tax deductible interest by a greater amount, it again does exactly the same as the Plain Jane Smith Manoeuvre — make the interest on $ 500 tax deductible.

Both structures offer investors access to the same great strategies, tax - efficiencies, and transparency, but are designed to fit with the different investor types.

Such estate tax law changes can turn a good estate planning strategy into a bad one for the same client.

The corporate tax take (as a % of GDP) has declined almost 75 % in the same period due to powerful lobbying, more aggressive domestic tax strategies and the booking of v significant profits in low tax overseas subsidiaries.

They can also suggest tax - efficient investing strategies so that you can keep working towards your long - term goals at the same time you work towards your short - term ones, too.

The Roosevelt Institute Campus Network strategy uses the same escalating carbon tax as AEI in their plan.

Our firm is a proponent of shared parenting under the right circumstances and we have a wealth of knowledge on successful shared parenting dispute resolution by negotiation or in court including shared parenting tax strategies related to same.

The IRS is using the same aggressive strategy with Coinbase investors it used to thwart tax evasion among Swiss banks.

I have heard two different versions for exit strategies, one is to never sell and then it will become tax free when we pass on, second is to do a cost segregation and get all the tax deductions in the same year you sell.

If your client can't find an acceptable replacement property in time or just wants an exit strategy from real estate, there's an alternative with some of the same tax - deferring benefits — the structured installment sale, says Chris Princis, vice president of Brook Hollow Financial LLC, a Chicago company that specializes in tax deferral strategies.

Since it takes time to sell real estate and it involves various costs (such as capital gains tax) it makes better sense to use money gained from a purchased property to leverage onto another property and do the same thing with the combined gains of the two to add a third, repeating this strategy until / unless you amass considerable capital.