Sentences with phrase «substantial taxes»

Year - end investment decisions may sometimes result in substantial tax savings.

For most Canadian investors, our investing advice is that ownership of a family home provides a substantial inflation hedge, and it comes with substantial tax benefits, as well.

The federal government offers accounts with substantial tax benefits that are designed to help you save for retirement, including IRAs.

If you are an American driver of a battery powered auto, you may be entitled to substantial tax credit.

This speedy deduction can provide substantial tax relief for business owners who are purchasing startup equipment.

And, some restrictions apply that might not result in substantial tax savings.

If you haven't saved much to date, you probably have a lot of unused RRSP room, and when you start putting serious money away you can earn substantial tax refunds.

«This amendment would create substantial tax relief for millions of small - business owners who were left out of the original bill,» the group said.

Add to this the hidden tax consequence of investing in high turnover funds that generate substantial tax consequences affecting investor returns.

We weren't paying substantial taxes because of our depreciation and interest expense.

One potential recommendation for saving substantial tax dollars could be the creation of a county - wide municipal government.

By default this is treated as ordinary income, which means substantial taxes.

As a successful Realtor ®, there are lots of great reasons why you might want to incorporate your business — like prestige, legal protection and substantial tax savings year on year.

Many people choose to make a planned gift for two reasons: it allows them to make a larger gift than they otherwise could, and it provides substantial tax and financial advantages.

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

Trump has promised to help out the middle and working class, but some tax analysts have concluded that Trump's tax policies would actually raise taxes on the middle class while providing substantial tax breaks for the wealthy.

If galleries face substantial tax bills for works by Artists such as Tracey Emin, Ryan Gander and Flavin.

Mintz, the tax expert, says the first step would be to reward people who have children with substantial tax deductions — not the paltry amounts they get now, but real deductions that acknowledge the true magnitude of the costs involved when families decide to add another mouth to feed.

Gaining liquidity on these typically illiquid assets was not only an excellent monetization strategy, but the family office's clients also received substantial tax benefits from the transaction.

«This $ 3 billion must be returned to the taxpayers to whom it belongs through substantial tax cuts and investments in our infrastructure to put people back to work,» DeFrancisco said.

«Today's announcement provides some relief for a sector that has faced substantial tax increases in recent years and I welcome the chancellor's decision,» said WSTA chief executive Jeremy Beadles.

«It is critical that we take action to create jobs and generate substantial tax revenue for New York City and State,» Golden said in a statement.

Planned gifts can offer substantial tax savings, help part of an estate avoid probate proceedings, and maximize a gift while minimizing impact.

This form covers claims for basic upgrades worth up to a $ 500 credit, as well as for more substantial tax credits for solar, wind, geothermal and fuel - cell residential energy improvements.

The Commission says that Luxembourg must make Amazon pay back the entire amount as substantial tax benefits are considered to be illegal aid.

However, assets such as an IRA or a personal residence are not easily liquidated on short notice without substantial tax penalties.

Investments such as stocks, mutual funds, etc can attract substantial taxes on transfers.

Meanwhile, in the rare occurrence that a company decides to move to Minnesota from other states, it is often the result of substantial tax breaks or other government incentives.

The problem, according to the plan's critics, is that financial entities such as private - equity, venture capital and hedge funds are all partnerships whose wealthy partners would see substantial tax savings on large portions of their income unless congressional tax writers find a way to exclude them.

Moving a UTMA account that produces large amounts of annual investment earnings to a 529 account that will end up being used for college expenses may produce substantial tax savings.

But in the absence of a genuinely «farmer - friendly» national food policy (which would likely include substantial tax breaks), this package, which is also supported by the incoming administration, may simply be deferring the inevitable.

And I have been clear that I will work with any group of Senators who have real economic development and jobs - encouragement ideas, who plan to bring substantial tax relief to the people who elected me, who have compassion for the poor and respect for the middle class, who support the improvement of public education and a plan to ease the burden of tuition - paying parents across New York.»

It found that all the G7 countries except Britain and Germany have substantial tax incentives for companies that increase spending on research.

One of the barriers to implementation has been the perception that it would necessitate substantial tax increases.

If you are eligible for an HSA, in relatively good health, and you or your employer are able to make regular contributions to your account, you can gain substantial tax benefits over time and eventually withdraw the funds for medical costs or out - of - pocket costs that you're likely to incur during retirement.

There are many substantial tax benefits to owning a home that someone who rents could never dream of.

Health plans also let the policyholder to enjoy substantial taxes under section 80 (D).

Life insurance can help you and your loved ones to protect assets, maintain a certain lifestyle, follow through on financial promises, pay off final expenses and other pressing debt obligations, and attain substantial tax related advantages.

In contrast, a matured endowment may have substantial tax obligations.

Dividends are useful in a number of ways, and when managed properly can provide substantial tax deferred growth in policy value as well as provide a high supplement to the income of the policy owner without effecting the death benefit of the policy.

NOTE: Although written last year when substantial tax law changes took effect, the following article continues to provide valuable information for Colorado divorcing couples wanting to maximize their tax savings during the divorce process.

The Trump administration intends to propose substantial tax reform to Congress, something essentially left unchanged since the tax reform act of 1986.

If you expect to have substantial tax deductions in 2013, consider requesting CRA authorization to decrease tax withheld from your salary.

Last fall, the president's economic advisors, Wilbur Ross and Peter Navarro, had described the plan as deficit - neutral with substantial tax credits encouraging investment from the private sector.

Survivorship policies can offer substantial tax benefits for those with large estates, but the tax laws are complicated when setting up estates, so consult a professional who specializes in estate planning before deciding to purchase a survivorship policy.

In addition, each fund could be required to recognize unrealized gains, pay substantial taxes and interest, and make substantial distributions before requalifying as a RIC.

Thus, the Roth results in more substantial tax savings in the long run.

But as Cullen points out, today's EVs are far too costly for the average consumer, even with substantial tax breaks.