Sentences with phrase «tax scenario described»

Social Security income would further complicate the tax scenario described above and should be considered when creating a withdrawal strategy.

Not exact matches

As investor Salil Deshpande of Bain Capital Ventures describes it in a new Medium post about the outfit, this last scenario alone is a huge opportunity, given that «regulatory, tax and legal issues make it onerous and costly for cryptotraders to trade with fiat, and many crypto exchanges do not even offer the ability to use fiat.

Jonathan describes two scenarios to explain the potential tax savings and an interesting discussion follows.

So, for example, if you take the same scenario described above but assume the beneficiary is in a lower tax bracket — say, 15 % for the beneficiary vs. 28 % for the account owner — the traditional IRA plus taxable account comes out slightly ahead of the Roth, albeit the margin is small, about 1 %, or $ 344,000 vs. $ 340,000.

The world is described slightly differently in each scenario, but varies on the theme that government funding of universities will dry up, mainly due to declining tax revenues, universities will seek more partnerships with businesses, and both students and faculty will be competing for meaningful positions.

In 2010, following an audit for the taxation years 2005 to 2007, the C.R.A. notified the Applicant the transactions as described in the accounting scenario generated $ 2.2 M in additional taxes for the three years in question.

The IRS offered the following scenario in describing how the new tax law works when it comes to home equity loans: