Sentences with phrase «tax consequences for»

But while we're all waiting for Potato Salad v. IRS, let's look at the tax consequences for both income and gift classifications of crowdfunding.

Whenever real estate is sold, whether in a standard transaction, a short sale or a foreclosure auction, there are potential tax consequences for the seller.

Our financial experts can advise you on potential tax consequences for various division of asset scenarios, advise you on how to split your retirement accounts, and know what future wealth, or debt, management might look like, as well as other important topics.

«If you put $ 50,000 into both a variable annuity and single - premium life policy and they're both worth $ 200,000 in death benefit, there is zero tax consequences for the SPL if it's been set up correctly, while you're going to have $ 150,000 in income on the annuity contract that the heirs will have to pay tax on at ordinary income rates,» says Hasenauer.»

In an effort to insure more people and lessen the tax consequences for some Minnesotans, MNSure has announced a special enrollment for those people that face a penalty for being uninsured in 2014, and would like to get coverage for 2015.

The tax consequences for those that have large estates can be significant.

As for surrender charges and tax consequences, these objections should be considered «a wash» because, as we all well know, traditional retirement accounts also carry penalties and tax consequences for «earned income».

An Irrevocable Life Insurance Trust (ILIT) is simply explained as a way of having a life insurance policy that does not hold any estate tax consequences for your beneficiaries.

It is very important to cover all aspects of your split dollar plan in detail, because a poorly conceived plan can be «unwound» under the IRS rules and this can lead to major tax consequences for the estates of either the employer or employee.

It's important to make yourself aware of any hidden fees for you and your donors for using crowdfunding site services and the tax consequences for donating and receiving donations.

The IRS recently has announced changes in the taxation of split - dollar plans, and these changes cast doubt on the future utility of some of these arrangements and create a risk of potentially disastrous tax consequences for participants in certain existing split - dollar arrangements.

But it is a giant step to say that because a court could (occasionally and unpredictably) make a decision about allocation of risk between the parties that would affect tax consequences for non-parties, one should discourage private resolution by mediation.

Knowledgeable counsel can advise on how to avoid tax consequences for personal injury recoveries.

We believe that most investors have realized losses this year and that a large cash dividend would likely not have significant tax consequences for most investors.

If you have no other money in a traditional IRA, then there are no tax consequences for this.

It is very important to cover all aspects of your split dollar plan in detail, because a poorly conceived plan can be «unwound» under the IRS rules and this can lead to major tax consequences for the estates of either the employer or employee.

Neither Fundrise nor any of its affiliates assume responsibility for the tax consequences for any investor of any investment.

Or, you can withdraw the funds, subject to the tax consequences for non-qualified withdrawals.

Should you choose to sell prior to the maturity date, your gain or loss will be dictated by market conditions, and the appropriate tax consequences for capital gains or losses will apply.

Tax Consequences For most taxpayers, security futures contracts are not treated like other futures contracts.

If you need your savings for another purpose, you can withdraw the funds; however, there are tax consequences for non-qualified withdrawals.

If the distribution to the alternate payee is made pursuant to a properly executed QDRO, however, there generally are no tax consequences for the participant.

If you do a direct trustee - to - trustee - transfer the process should be extremely easy and there really shouldn't be any tax consequences for doing the transfer.

* As with any investment, your investment through the Fidelity Intermediate Municipal Strategy could have tax consequences for you.

Therefore, each of you will have separate tax consequences for these properties.

Some transactions may have state tax consequences for residents of certain states.

You Know About the Changes to Personal Income Tax, but Have You Considered New Tax Consequences for Trusts and Estates?

As for surrender charges and tax consequences, these objections should be considered «a wash» because, as we all well know, traditional retirement accounts also carry penalties and tax consequences for «earned income».

I understand I will have to pay income taxes on the pre-taxed funds, but are there other tax consequences for handling the funds in this manner?

This may result in income tax consequences for the fund, including that income earned on pension assets will not be exempt from income tax.

However, there are tax consequences for non-qualified withdrawals.

-- About 18 percent of all U.S. households own a deferred annuity, estimates the LIMRA Secure Retirement Institute, yet data suggest many annuities will never be activated for monthly income, leaving potential tax consequences for beneficiaries.

Of course, if you have a retirement account there may be tax consequences for withdrawing your money, so be sure to talk to your tax advisor.

(If documentation isn't included, we'll treat the entire amount as earnings, which could have negative tax consequences for you.)

The purchase and sale of options and the sale of investor assets may produce tax consequences for U.S. taxpayers.

Since exercising an option often involves a transfer of stock, options have tax consequences for your overall financial situation.

There are tax consequences for changing beneficiaries that «skip a generation», such as if the beneficiary transfer their account to their grandchild.

The IRS allows the gifting benefits without any tax consequences for anyone concerned provided a notice letter called a Crummy Letter is provided to the beneficiaries, to let them know that funds are available.

The tax consequences for those that have large estates can be significant.

* Tax consequences for a borrower when the note holder writes off a portion of the amount to pay off the first mortgage

I don't invest with taxable accounts, but there are significant tax consequences for options.

The pretax, he rolls into an IRA, there's no tax consequences for either one.

Gifts of indebted interests may trigger negative tax consequences for donors and recipients, including donor tax liability and a reduced charitable deduction.

Gifts of indebted interests may trigger negative tax consequences for donors and recipients.

There might be some tax consequences for the donors, but not for us.»

There are no tax consequences for making the move.

The grant of a stock option or a stock appreciation right is not intended to have immediate tax consequences for the grantee or Walmart.

When asked whether PIE would have tax consequences for homeowners, Weiss said he didn't foresee any, but that he was «not an expert on the tax code.»

This could have major tax consequences for small businesses.

If you have postponed or dismissed the need for estate planning, consider the tax consequences for unsheltered bequests.