Sentences with phrase «tax hit for»

That way, you'll defer the tax hit for another year.

That can actually be useful at the end of the year in terms of taxes because we can decide which lots to let go and which to keep to minimize the tax hit for our clients.

There may be a small tax hit for investors who hold their fund in a non-registered account, but in a tax - sheltered account, any changes in the index aren't likely to have any meaningful impact.

Doing so in the same calendar year exposes them to a tax hit for overcontributions, even though they're only replacing the withdrawn funds.

As you might expect, the petrol XC40 takes a hit on fuel efficiency and CO2 emissions; at 152g / km, the T3 probably has a big enough tax hit for lots of company car choosers to overlook it.

The tax hit for not carrying insurance will increase in 2016.

That's a big tax hit for real estate companies, but especially so for First Capital, given many of its assets are in urban markets, which have some of the highest property tax rates in the world.

Not exact matches

In beverages, for example, Coca - Cola Co. paid a 19.5 percent tax rate last year, while levies for Dr Pepper Snapple Group Inc. hit 33.8 percent.

Conveniently, 1099 workers (referring to the tax reporting form for freelancers) can hit the ground running and complete projects quickly in exchange for an agreed - upon compensation rate, which is usually a higher wage per hour or job.

Future spending cuts will include additional pension cuts and tax increases for Greeks, already hit by seven years of harsh cuts.

«Today, after Sen. Marco Rubio said he can't vote for the new tax bill and other Republican senators might be balking too, the market took a hit... how many of you took this moment and treated it as a buying opportunity?

Earnings for lenders with a U.S. footprint this quarter were hit by one - time charges to adjust for a major U.S. corporate tax cut, which took effect Jan. 1.

Individuals with a net worth of close to or more than $ 11 million ($ 22 million for couples) can still lower the tax hit to their heirs with the use of trusts and estate - planning strategies.

For most people, that will result in a bigger tax hit.

Even if investors trade frequently, they aren't as likely to get hit with a big tax bill as they would for actively managed offerings.

Meanwhile, tax reforms, which are expected to be a boon for tech companies, have hit speed bumps in Washington D.C., as the focus turns toward to President Donald Trump and his interactions with former FBI Director James Comey.

Duff said upping the tax hit when dividends are distributed strikes him as «difficult to explain and unduly complex for most small businesses.»

The analyst says Goldman's disclosed $ 5 billion hit to fourth - quarter earnings from the new tax law «makes the outlook for 2018 somewhat better.»

This means you get to invest in an index for the long run, which helps you avoid getting hit by taxes each year.

Income above that threshold is subject only to the 2.9 percent Medicare tax, and earnings above $ 200,000 ($ 250,000 for married couples filing jointly) also get hit with an additional 0.9 percent Medicare tax.

CNBC's Robert Frank reports on wealthy Americans giving to charity hitting an all - time record, the Playboy Mansion selling for $ 105 million dollars, and the upcoming tax bill for Reid Hoffman, LinkedIn Co-Founder, after his company's takeover bid from Microsoft.

People are hit with a double whammy because, not only do they find that their investments have disappeared, they now owe tax on the funds for removing them from the tax - free environment.

«Even with more money in their pocket from tax refunds, the strain of major and unexpected medical costs are hitting families hard and making it difficult for them to recover,» Diana Farrell, president and chief executive officer of the JPMorgan Chase Institute, said in the press release.

The top marginal income tax rate of 39.6 percent will hit taxpayers with taxable income of $ 418,400 and higher for single filers and $ 470,700 and higher for married couples filing jointly.

Quarterly bank earnings, for example, are expected to take a major hit because of the tax bill.)

But the legislation, which would generally be effective for tax years beginning after 2017, still has a long way to go around the track before it hits the finish line.

Withdrawals from tax - deferred accounts are taxable income, and can trigger a huge hit on your Social Security Income, and finally (d) income management for ancillary benefits in retirement such as various localities» property tax abatements for seniors of sufficiently low income.

In plain English, our members are fearful that with these new complex tax regulations family businesses — the «golden goose» of Canada's economy — will be hit with higher taxes, fewer retirement and estate planning options, compensation restrictions for family members, and significant compliance costs.

For example, if you cash out or withdraw money from your 401k early — before age 59 1/2 — you could be hit with tax penalties.

Quick Hits: I received a combined federal / state tax refund of just over $ 2800 which I quickly put to work initiating two new positions for my portfolio.

The tax hit will be large and would hate for ya to have a large tax bill and have to sell an asset at a bad time to pay «the man».

This hits younger Americans twice, with a smaller economy and higher personal income tax rates to pay for baby - boomer retirements.

I think one way to mitigate the pain for exurban areas in to put in place a land value tax as well, which would also tend to hit the urban hippies harder than the suburban middle class.

And the fact that a similar phenomenon has hit Toronto housing suggests that carbon taxes are not to blame for flat suburban home prices.

After cryptocurrencies hit record highs in 2017, US investors will be on the hook for approximately $ 25 billion worth of cryptocurrency - related taxes, according to Fundstrat Global Advisers.

Use your taxable account for the low - tax - hit choices like ETFs, tax - managed mutual funds, and portfolios of individual stocks, or pieces of them.

An exchange traded index fund (ETF) can be very competitive on performance, tax hit and bottom line cost, for a variety of reasons.

So be prepared to get hit with a big tax bill if you qualify for forgiveness (student loan debt forgiven after 10 years under the Public Service Loan Forgiveness program is not taxable).

Not only could you end up paying far more for your loans in interest, there's also the possibility that you'll get hit with a big tax bill once your repayment period ends.

Chicago's sales tax rate will hit a whopping 10.25 percent next year, and just in time for Oscar Mayer to move into its new digs in the AON Center near Millennium Park, the Chicago City Council passed the largest property tax increase in modern city history.

For now, the implied tax hit is 35 pct.

The same tax shock probably hit people who were adjusting their investment allocations to prepare for retirement — selling stocks and buying bonds.

Citi took a $ 22 billion accounting hit and reported an $ 18.3 billion loss for the fourth quarter of 2017, reflecting a reduction in the value of deferred tax assets.

2017 was a record sales year for 3M, but a one - time tax hit its profits and drove its FCF to a lower - than - expected level of around $ 4.9 billion.

The hit to Denton County wouldn't be so bad if the tax collector would accept prepayments for 2018 taxes in 2017 like Tarrant County has.

The report includes facts about lobbying spending that hit $ 2 billion in the last election cycle, and continues unabated, Wall Street executives in the Trump administration and regulatory agencies, tax cut windfalls for the finance industry, and a deregulatory free - for - all.

Earnings not used for qualified expenses will not only be subject to income tax, but also generally hit with an extra 10 percent penalty.

Paul Manafort and Rick Gates were hit with tax, money laundering and other charges that relate to their work for the government of Ukraine and a Russia - affiliated Ukrainian political party.

If Uber does have to reclassify, it wouldn't just be hit by additional taxes — it could suffer major penalties for all the drivers it had mis - classified up until now.

Net income was down sharply on a GAAP basis due to one - time impacts from tax reform, but after accounting for those hits, adjusted income of $ 1.2 billion worked out to adjusted earnings of $ 1.14 per share, topping the consensus forecast for $ 1.12 per share.