Sentences with phrase «with qualified tax»

For specific guidance on what you can deduct, always check with a qualified tax adviser.

So be sure to speak with qualified tax expert and understand the impact of it before deciding to move forward.

However, be sure to consult with a qualified tax person or financial advisor before taking any action based on this information.

You are advised to consult with a qualified tax advisor and with social service agencies to determine how receipt of these benefits will affect your eligibility for public assistance.

You should consult with a qualified tax advisor or specialist regarding these issues and the specific application of these rules to their particular circumstances.

Because of the coordination rules surrounding the various education tax credits and deductions, it's important to discuss your specific situation with a qualified tax professional.

I suggest that you discuss your specific tax issues with a qualified tax adviser to see if this strategy makes sense for your unique situation and consider the following questions:

For specific tax advice, we recommend you speak with a qualified tax professional.

Before you elect to open an IRA account and engage your investment representative, please review all account statements and disclosure documents related to the IRA and services to be provided under a new relationship and consult with a qualified tax advisor as needed.

Check with a qualified tax advisor to determine if the interest may be tax deductible.

I would check with a qualified tax professional.

It is also a good idea to consult with a qualified tax professional to discuss all the options available to help you land the highest refund possible.

We recommend that you review this strategy with a qualified tax advisor to weigh the tax benefits and ensure everything is reported properly.

This is, of course, a case - by - case analysis, and borrowers should consult with a qualified tax professional to determine if they may incur higher taxes by filing separately.

Before making any decisions, be sure to check out the Social Security Administration's website at: www.ssa.gov and consult with your qualified tax advisor.

At the very minimum, it warrants a meeting with your qualified tax adviser to seriously discuss the topic.

Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.

Whether you owe back taxes to the IRS or your state, we can help you connect with a qualified tax debt resolution specialist.

Where specific advice is necessary or appropriate, Schwab Charitable recommends consultation with a qualified tax advisor, CPA, Financial Planner or Investment Manager.

Where specific advice is necessary or appropriate, please consult with a qualified tax advisor, CPA, financial planner, or investment manager.

Not exact matches

«With an HSA, money goes in tax - free, builds up tax - free and, as long as it is pulled out for a qualified medical expense, comes out tax - free.»

Contributions to HSAs are made with pretax dollars (in most states), assets grow tax - free, and distributions are tax - free if used to pay for qualified medical expenses or as reimbursement for such expenses.

For instance, retirees with balances that have been building over time can take tax - free withdrawals for qualified medical expenses incurred years earlier.

As it turns out, people with higher income levels are more likely than those of modest means to opt for HSA - qualified health plans, because they are less concerned by the potential out - of - pocket medical costs and more interested in the tax savings, according to Fronstin at EBRI.

«With an HSA, money goes in tax - free, builds up tax - free and, as long as it is pulled out for a qualified medical expense, comes out tax - free,» said Paul Fronstin, director of health research at the Employee Benefit Research Institute.

«I have not reviewed my business structure (LLC, S Corp, Unincorporated, etc.), with a qualified legal and tax advisor in the past three years.»

For most couples, filing jointly is the obvious choice since it qualifies you for a greater number of tax credits and deductions but there are a few situations where you may be better off with separate returns.

Romney would also reform the tax code, first by eliminating the minimum deductible requirement for health savings accounts paired with catastrophic coverage, then by allowing a full deduction for all qualified medical expenses, which would include premiums, co-payments, and out - of - pocket spending.

To qualify for tax deferral, you must buy other U.S. operating companies» securities with the proceeds.

Check with your CPA and see if you are close to qualifying for being in a lower tax bracket.

Key Facts: Joint filer with a Schedule C business has a standard deduction of $ 24,000 Business gross income of $ 130,000 Business expenses of $ 30,000 Net profit from business $ 100,000 (qualified business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ 100,000.

Businesses starting their first plan with fewer than 100 employees might qualify for tax credits as high as $ 500 to offset setup and administrative costs for three years, and employer contributions are tax deductible for the firm.

In addition, we maintain a tax qualified 401 (k) retirement savings plan with both pre-tax and after - tax Roth savings features for eligible employees, including our named executive officers.

Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

The system could be expanded to include taxpayers with income from dividends, interest, pensions, individual retirement account distributions, and unemployment insurance benefits, as well as low - income earners qualifying for the earned income tax credit (EITC).

· The cessation of accruals under the Qualified Plan and the continued IBM contributions under the tax - qualified defined contribution plan, the IBM 401 (k) Plus Plan, reflects IBM's desire to provide appropriate benefits for its employees, consistent with the changing needs of IBM's workforce and the changing nature of retirement benefits provided by IBM's current comQualified Plan and the continued IBM contributions under the tax - qualified defined contribution plan, the IBM 401 (k) Plus Plan, reflects IBM's desire to provide appropriate benefits for its employees, consistent with the changing needs of IBM's workforce and the changing nature of retirement benefits provided by IBM's current comqualified defined contribution plan, the IBM 401 (k) Plus Plan, reflects IBM's desire to provide appropriate benefits for its employees, consistent with the changing needs of IBM's workforce and the changing nature of retirement benefits provided by IBM's current competition.

Equity Income Funds typically distribute most of their income in the form of Qualified Dividends, which for many taxpayers are taxed relatively lightly, allowing most Equity Income Funds and ETFs to be considered High Tax Efficiency investments when compared with other investment options that generate taxable income.

A 501 (c)(3) is a non-profit with tax - exempt status, covering qualifying charitable and religious organizations.

Be sure to first consult with a qualified financial adviser and / or tax professional before implementing any strategy discussed herein.

All other filing statuses — including single, married filing jointly, head of household, and qualifying widow (er) with dependent child — are eligible for this tax credit.

In 2018, taxpayers who are married filing jointly with taxable income up to $ 77,200 can realize long - term capital gains (or receive qualified dividends) without being taxed (the same goes for single filers with taxable income up to $ 38,600).

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

With tax and investment questions running wild, many people never find out what they really qualify for.

Be sure to first consult with a qualified financial advisor and tax professional before implementing any strategy discussed herein.

The 2016 Plan has been designed to permit the administrator to grant certain awards in its discretion that qualify as performance - based for purposes of satisfying the conditions of Section 162 (m), thereby permitting us to receive a federal income tax deduction in connection with such awards.

Even with the tax subsidy, which you might qualify for if you both aren't working, is closer to $ 300 a month for a silver plan for a single person, and the deductible is $ 1500 per year on top of that.

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).

We maintain a tax - qualified retirement plan that provides eligible U.S. employees with an opportunity to save for retirement on a tax advantaged basis.

We maintain a tax - qualified retirement plan, or the 401 (k) plan, that provides eligible employees with an opportunity to save for retirement on a tax - advantaged basis.

The 401 (k) plan is intended to be qualified under Code Section 401 (a) with the 401 (k) plan's related trust intended to be tax exempt under Code Section 501 (a).