Sentences with phrase «take advantage of the deduction now»

You may be able to pay early to take advantage of deductions now, but you have to pay before the 31st... postmarked or dropped off... you have to wait to get the receipt after the 31st... which makes for some confusing accounting for most towns.

Not exact matches

My goal is to take advantage of cheaper heartland real estate with much higher net rental yields (8 % — 12 % vs. 2 % — 3.5 % in SF) and diversify away from expensive coastal city real estate which is now under pressure due to new tax policy which limits SALT deduction to $ 10,000 and new mortgage interest deduction on mortgages of $ 750,000 from $ 1,000,000 for 2018 and beyond.

In the 19th Congressional District that encompasses much of the Catskills on both sides of the Hudson River, 30 percent of taxpayers now take advantage of SALT deductions through itemizing, Faso said.

March 2018 by William Meyer The lower tax rates and higher standard deductions make taking advantage of Roth IRAs more attractive now.

March 2018 by William Reichenstein The lower tax rates and higher standard deductions make taking advantage of Roth IRAs more attractive now.

No matter which state they reside, same - sex married couples are now able to take advantage of the unlimited estate tax marital deduction at death to pass assets to a surviving spouse without incurring federal estate taxes.

Re: hypothetical situations: it seems like it's a good idea to take advantage of any large tax deductions that are available now and to also have a pool of pre-tax and post-tax money available in the future so that you have some flexibility to work with the tax - code whatever it looks like in the future.