Sentences with phrase «used tax planning»

It's a commonly used tax planning strategy, especially towards the end of year, to lower your taxes for the year.

High earners may attempt to use tax planning strategies to avoid higher taxes.

Upsetting other people's constituencies though is something that can be tolerated, and there could be actual practical uses for using the tax plan to encourage certain spending habits from time to time.

Suggestion 2: When you exercise ISOs, always use tax planning software to forecast the tax consequences.

The specific rules would require a special disclosure reporting a patent license anytime a taxpayer pays a fee (including indirect consideration) to a patent holder for the legal right to use a tax planning method that the taxpayer «has reason to know» is subject to a patent.

Not exact matches

This political nightmare began in July when Ottawa launched a consultative process on how best to address tax planning practices that it believes are being used to gain unfair tax advantages.

Any proposed legislation on tax reform will likely only use the plan as an opening bid where much more detail will be necessary.

A cash reserve can cover costs in the interim, while you're waiting for profits, and also help in planning for taxes that may catch you off guard and take a chunk out of the money you were planning to use on other expenses.

Using those rules, the Senate can pass a tax plan with only Republican votes.

«When you look at the plan that's taking shape now, using comprehensive tax reform as a means to tax imports from countries that we have a trade deficit from, like Mexico,» he said.

The amnesty plan, however, will not be available to businesses already involved in a tax audit regarding sales or use taxes.

However, «if you don't use your own state's plan, and you live in a state with income taxes, you may miss out on a tax deduction,» warns Egan.

You may be on the hook for taxes and penalties if you use your 529 plan for primary and secondary school costs.

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.

To help them in their discussions, I have outlined four reasons why they should consider using part of that corporate tax reduction to increase or start up a 401 (k) plan employer match.

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.

However, in reality, many individuals use the services of an accountant whether it's to help with tax returns, to improve their financial planning or even to assist with debt problems.

Our previous calculations using the House's tax plan showed that similar families would owe slightly more taxes than they would under the Senate's plan:

Robo - advisors use the same software as traditional advisors, but usually only offer portfolio management and do not get involved in more personal aspects of wealth management, such as taxes and retirement or estate planning.

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.

Amazon plans to use the year to seek a «simple, nationwide system of state and local sales tax collection.»

«When you look at the plan that's taking shape now, using comprehensive tax reform as a means to tax imports from countries that we have a trade deficit from, like Mexico,» said Spicer.

When Trump announced his tax reform plan, he said, «We're reducing taxes, but believe me, there will be people in the very upper echelon that won't be thrilled with this,» suggesting that through eliminating deductions that the wealthy often use, the rich would pay more.

It's all part of California's plan to eventually collect an estimated $ 1 billion in annual tax revenue from the legal adult - use marijuana industry.

More from Your Money, Your Future: These red flags could trigger a tax audit Use these planning tactics now to juice your 2018 tax savings If you can't pay what you owe the IRS by Tax Day, here's what totax audit Use these planning tactics now to juice your 2018 tax savings If you can't pay what you owe the IRS by Tax Day, here's what totax savings If you can't pay what you owe the IRS by Tax Day, here's what toTax Day, here's what to do

If these proposed tax measures are successful, small businesses will retain their advantages for active business investment by active mom - and - pop operations, but no longer deliver special advantages to others using the small business tax regime as a tax planning loophole.

To learn more about the way NOLs work and how to use them in your company's tax planning and reporting, order free IRS publication number 536 (800-829-3676).

Our previous calculations using the House's tax plan showed slightly lower savings for single, childless taxpayers who claim the standard deduction:

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 - free.

Schroeder says that using a 401 (k) Profit Sharing Plan, you can put away up to $ 52,000 tax - free for 2014 (or $ 57,500 if you are over 50) and $ 53,000 for 2015, depending on the earnings of your business for the year (which, Schroeder notes, are limited to 25 percent of compensation).

The income you take from the plan is not included in income totals the IRS uses to determine how much you pay in taxes on your social security, and the cash value doesn't count against your kids when they apply for federal student aid.

Unlike the premium tax credit (which can be used for other «metal levels»), cost - sharing subsidies only work with silver plans.

For example, Michele Bachmann has her own off - beat, opinionated social media flair, taking to Facebook make quips such as: «Imitation is the sincerest form of flattery; thank you Governor Perry for using my ideas for your tax plan.»

Signatures are being gathered to repeal last year's gas tax increase, the receipts from which could be used to match federal grants under President Trump's proposed $ 1.5 trillion infrastructure plan (20 % federal, 80 % local match).

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

However, Shares used to pay the exercise price or purchase price of an option or stock appreciation right or to satisfy tax withholding obligations relating to such awards do not become available for future issuance under the 2013 Plan.

Having a plan for your tax refund increases the chances that you'll put it to good use rather than letting that money bleed into your regular spending.

For example, if you're planning to use the loan proceeds to buy another business you'll need to provide a copy of the purchase agreement, the target company's financial statements, tax returns, and other details about them (your loan officer will inform you as to the specific documents you may need to add to your loan application).

You can start claiming the credit in the tax year before the tax year in which the plan becomes effective, and you may carry it back or forward to other tax years if you can't use it in the current year.

Another reason analysts consider the January effect less important as of 2016 is that more people are using tax - sheltered retirement plans and therefore have no reason to sell at the end of the year for a tax loss.

Called the Airbnb Community Compact, the document outlines several ways that the popular company plans to work with municipalities, including sharing anonymized data on the hosts and guests who use the service, preventing illegal hotel landlords from operating on the platform, and promising to pay its «fair share» of hotel and tourist taxes in cities that have them.

Robo - advisors use the same software as traditional advisors based on Modern Portfolio Theory, but usually only offer portfolio management and do not get involved in more personal aspects of wealth management, such as taxes and retirement or estate planning.

Shares used to pay the purchase price or satisfy tax withholding obligations of awards other than stock options or stock appreciation rights become available for future issuance under the 2013 Plan.

If they used a different plan, their chances of default are still low, yet they are still choosing a plan that eventually displaces their debt onto tax payers.

You're putting off paying the tax until you plan to use the money.

In addition, large internationally - active firms can use fancy tax planning techniques to lower their tax burden.

For example, if you're planning to use the loan proceeds to buy another business you will need to provide a copy of the purchase contract, the target company's financial statements, tax returns, and other details about them.

Funds taken out of 529 Plans are generally not taxed when used for qualifying college expenses.

My plan is to use the tax - free money from the Roth IRAs first (after retirement) and let the pre-tax investments (401K) compound for a few more years.

It determines how bitcoins are taxed, what information you'll needed to make sure your taxes are calculated correctly, and what tax planning techniques you can use to minimize your taxes on Bitcoin transactions.