Sentences with phrase «tax time bomb»

My clients with the rental properties are in the same situation and contemplating an estate freeze with their incorporated rental real estate as a means of passing the future capital gains on their real estate to their kids, to stop the clock on that ticking tax time bomb.

Warning: Not understanding 2018 IRS laws will make your retirement accounts (401ks, IRAs, etc.) a ticking tax time bomb!

Not exact matches

And Trump's policies to date — a combination of deep tax cuts and sharp spending increases — are shortening the fuse on that fiscal time bomb, by dramatically widening the already unsustainable gap between revenues and outlays.

Bush understood the politics of tax cuts in a way that Trump and House Speaker Paul Ryan do not — which is why Ryan and Trump have produced a tax plan that is a political time bomb.

Wednesday's special session of the county legislature is being held over until Thursday afternoon, in a last - ditch effort to forestall the ongoing sales tax extension time bomb.

Because the fuse on this time bomb is long, politicians flinch from inflicting tax pain, given that problems will only become apparent long after these officials have departed.

The Vatican is denouncing offshore tax havens and financial instruments such as derivatives and credit default swaps as gravely immoral and unjust, calling them «ticking time bombs» that hurt the world's poor the most.

[24] Chairman Dave Camp, «Democrats» Ticking Time Bomb, Part III (Middle - Class Families),» The Tax Tracker, Committee on Ways and Means, U.S. House of Representatives, July 28, 2010, at http://republicans.waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=201136 (May 24, 2011).

One of the ticking time bombs that can explode after a divorce is finalized is the issue of unpaid or unfiled joint or individual taxes.