Sentences with phrase «tax planning benefits»

On top of the fact that you can provide such a nice benefit to your university, it can also provide you with estate and tax planning benefits.

As a 529 Plan, the MI 529 Advisor Plan also offers certain gift and estate tax planning benefits; consult your tax advisor.

Not exact matches

In many ways, the tax plan shuffles the taxpayer deck — adding some benefits while removing others.

Finally, portraying the debate as a conflict between wealthy tax dodgers and the hard working middle class was divisive and appeared hypocritical when it was later suggested that both the Prime Minister and Minister of Finance had themselves benefited from tax planning measures.

Then again, the financial situation of their business is such that they could benefit from more regular financial review and planning and up - to - date accounting — instead of leaving every invoice, receipt, and ledger to hand off to the tax preparer at the close of the fiscal year.

At benefits company Stride Health, which sells and manages healthcare benefits to «gig» workers like Uber drivers, CEO Noah Lang said that he would want to be sure that the replacement plan has tax credits available to people as they need them, rather than at the end of the year only.

The first question to ask yourself is, are you providing this profit - sharing plan because you truly want to benefit the employee, or were you sold that it's a tax advantage?

That is exactly what a 401 (k) plan is, a tax - deferred contribution today in exchange for the expectation that tax rates will be lower when 70 million baby boomers are receiving their entitlement benefits.

Steve Seelig, senior regulatory advisor at benefits consulting firm Willis Towers Watson, said that, of three changes related to executive compensation in the tax reform plan — the other two involve stock options and performance - based pay — it's the hit on tax - exempt executive compensation that is the most significant.

Some families may benefit by sheltering after - tax dollars in retirement - savings vehicles, such as Roth individual retirement accounts and some types of annuities, said Will Alford, president of Education Planning Resources.

A former employee of Tufts Health Plan pleaded guilty to stealing names, birth dates and social security numbers that were eventually used to collect social security benefits and fraudulent income tax refunds.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnTax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

While the White House has given input on the tax plan, like President Donald Trump did when he urged Congress not to change a retirement savings benefit, the congressional tax - writing committees will ultimately decide the bill's shape.

On the other hand, 71 percent favor the law's Medicaid expansion, 66 percent of young adults favor the prohibition on denying people coverage because of a person's medical history, 65 percent favor requiring insurance plans to cover the full cost of birth control, 63 percent favor requiring most employers to pay a fine if they don't offer insurance and 53 percent favor paying for benefit increases with higher payroll taxes for higher earners.

The GOP's proposed tax plan keeps the so - called carried - interest loophole that benefits managers of hedge funds and private equity funds.

Experts can explain how 529 college savings and prepaid plans offer significant tax savings and financial aid benefits.

Contributions to a traditional IRA can be tax - deductible, although the benefit can be limited if you are covered by a retirement plan through another job.

With no company withholding taxes, paying for time off and offering benefits like a retirement plan, flying solo comes with different considerations.

The big benefit from planning for taxes is twofold: You're less likely to be surprised by a tax bill and also will know how much of your earnings actually are available to you.

Starbucks plans to spend $ 250 million on new employee benefits, including a pay boost for domestic workers, in the wake of the federal tax overhaul.

Being your own boss comes with additional considerations, as there is no company withholding taxes or offering benefits like a retirement plan.

The reality, though, is that, while Trump and Congressional GOP leaders still don't have a comprehensive, detailed plan for tax reform, the proposals they've put forth thus far have been found by independent analysts to disproportionately benefit higher - income taxpayers.

Not many, by the looks of it: virtually all the financial plans I've seen project current tax rates and government benefits well into the future (plus currently low inflation rates).

Other measures include: • remove rule limiting Child Tax Credit (CTC) to one claimant per household (to allow two or more families sharing a house to claim the CTC); • repeal $ 10,000 cap on medical expense tax credit claims made on medical costs incurred for an eligible dependent; • easier access to funds in Registered Disability Savings Plans for beneficiaries with shortened life spans; • improved Employment Insurance benefits to parents of gravely ill, murdered, or missing children; and • enhanced ability to make transfers between individual RESPs, and better access to RESP funds for post-secondary students studying outside CanaTax Credit (CTC) to one claimant per household (to allow two or more families sharing a house to claim the CTC); • repeal $ 10,000 cap on medical expense tax credit claims made on medical costs incurred for an eligible dependent; • easier access to funds in Registered Disability Savings Plans for beneficiaries with shortened life spans; • improved Employment Insurance benefits to parents of gravely ill, murdered, or missing children; and • enhanced ability to make transfers between individual RESPs, and better access to RESP funds for post-secondary students studying outside Canatax credit claims made on medical costs incurred for an eligible dependent; • easier access to funds in Registered Disability Savings Plans for beneficiaries with shortened life spans; • improved Employment Insurance benefits to parents of gravely ill, murdered, or missing children; and • enhanced ability to make transfers between individual RESPs, and better access to RESP funds for post-secondary students studying outside Canada.

Democrats and non-partisan tax policy experts alike say the GOP plan fails to provide crucial relief to the families who need it most, while expanding benefits for the most well - off families who qualify.

Trump's plans for tax and regulatory reform could benefit entrepreneurs, small business owners and corporations alike.

But in general, if your company needs the benefit of a big tax deduction, look into a nonqualified stock - option plan.

Retailers as a whole could see a large benefit from the GOP tax plan, which lowers the corporate tax rate to 21 percent.

That's pretty much what the federal government has been doing since 2006, with tweaks such as abolishing mandatory retirement, a graduated rise in the eligibility age for OAS benefits and new tax - sheltered savings vehicles in tax - free savings accounts and pooled registered pension plans.

President Donald Trump's tax reform plan includes a section that is meant to help small businesses, but it appears Wall Street financiers could be the ones to reap the benefits.

To be eligible for this tax break the corporation must not design a plan that benefits only the shareholders / owners.

And his pro-business policies and plan to cut taxes are expected to benefit US - oriented stocks.

It's a term for a tax plan that's supposed to produce benefits for the middle class that never materialize.

But Cohn says regular people should be excited about the plan, too, because the benefits from business tax cuts will «trickle down» to them.

The grocer plans to invest in education, wages and retirement benefits, saying tax law changes helped fund these efforts.

On the other hand, his tax plan makes at least a vague reference to eliminating a loophole that benefits private equity and hedge fund managers.

Murawski notes that this is a good time to decide which accounts you want to invest in, including 401K, Roth IRA, Traditional IRA, Simple IRA, SEP IRA, Defined Benefit Plan, and after tax accounts.

Wealthy Americans, including President Donald Trump, stand to benefit handsomely from the tax plan, thanks to proposals to eliminate the estate tax and the alternative minimum tax, among others.

Unlike IRAs and 401 (k) s, which allow business owners to invest up to $ 24,000 annually, specialized defined benefit plans, properly structured, can significantly increase contributions and reduce taxes by 50 percent — in some cases, a double benefit.

If you don't currently have a company retirement plan, you can still set up a traditional 401 (k) plan and reap the personal tax - deferred savings benefits for 2014.

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The comprehensive checklist of questions runs the gamut from financing issues to tax planning, salary and benefits topics, and even personal financial planning.

«Planning before year - end will provide valuable insight about current tax savings strategies for your business while estimating future retirement benefits for both you and the employees.

Schroeder also says that if you use a Defined Benefit and / or Cash Balance Plan structure, the amounts that you can put away are much greater, noting that, «the total benefit that one person can receive for 2014 is $ 210,000,» tax Benefit and / or Cash Balance Plan structure, the amounts that you can put away are much greater, noting that, «the total benefit that one person can receive for 2014 is $ 210,000,» tax benefit that one person can receive for 2014 is $ 210,000,» tax - free.

Nearly two thirds (64 %) of large employers offering health benefits say that they conducted an analysis to determine if any of their plans would exceed the Cadillac tax thresholds, and a quarter (27 %) of this group say their largest plan would do so.

Investors should carefully evaluate Wealthfront's 529 offering compared with their own state - sponsored plan, especially if your state offers a tax deduction or credit to residents who contribute; choosing the Wealthfront 529 would mean giving up that tax benefit.

Again, using the traditional plans may have greater benefit if you leave your high - taxed state upon retirement.

The report, which focuses on retirement savings gaps in the U.S., says that the country needs to «unrig the rules that bloat CEO retirement benefits» and that Trump's tax plan will exacerbate the problem.

Although the main trade association representing firms like these, America's Health Insurance Plans (AHIP), did not endorse the AHCA, the bill did contain some measures that would benefit the companies by repealing certain taxes and allowing insurers to provide less generous (and less costly) benefits to customers.

Also, investors who are active or short - term traders would benefit from trading in a retirement account or employer sponsored plan to avoid large capital gains taxes.