Latest News for: Tax shelter

Edit

Republican Senate candidates face off in forum ahead of primary

Brainerd Dispatch 11 Apr 2025
Gazelka talked about how he drew ire on the fact that Minnesota has one of the highest corporate tax rates in the entire country, and they keep adding more laws, which make it difficult when running a mom and pop shop in the state.
Edit

Greeley City Council begin discussions for potential tax increases this November

The Tribune Greeley 10 Apr 2025
“I still don’t believe it’s completely our responsibility for that,” Councilwoman Melissa McDonald said about using taxes to fund the shelter, a sentiment with which Councilman Johnny Olson agreed.
Edit

When will you use YOUR Isa allowance? One person invested full �20k in first 11 ...

This is Money 09 Apr 2025
With personal tax allowances frozen until 2028, Isas have seen a surge in usage as the millions being dragged into higher tax bands look to shelter their savings from the taxman.
Edit

Millionaires Leaving London: Capital Sees Significant Drop in Wealth as Super-Rich Depart some even head ...

Greek City Times 09 Apr 2025
... gains tax. In addition, concerns over the end of the non-dom regime, which allowed wealthy foreigners to shelter their assets from UK taxes for an annual fee, have spurred many of them to relocate.
Edit

Millionaires move out of London: Capital drops down the wealth list after losing higher proportion ...

The Daily Mail 09 Apr 2025
After coming into force on Monday, the traditional status - that allowed wealthy foreigners living in the UK to shelter their worldwide assets from British taxes for an annual fee starting at £30,000 ...
Edit

Barry Dolowich, Tax Tips: Information supplied to the IRS

Monterey Herald 08 Apr 2025
Does the IRS really have the ability to track all that information? Do I have to save them all for my tax preparer or can we just estimate the income? ... · Tax shelter participation ... Go see an income tax preparer!.
Edit

Opinion: California’s real resistance isn’t what you think it is

East Bay Times 08 Apr 2025
We have a better idea ... It’s in our DNA ... We need a Marshall Plan for housing and shelter production with far fewer regulatory roadblocks, coupled with compulsory encampment-to-shelter transitions ... It’s not just taxes pushing companies away ... Walters ... .
Edit

Shelter Island school board votes to seek 6.9% tax increase, first on Long Island to attempt ...

Newsday 08 Apr 2025
Shelter Island school officials are pushing for a 6.9% tax hike that would override the district's cap limit and mark the first such effort announced by a school system on Long Island this year.
Edit

Avoid these IRA traps for better retirement planning

York News-Times 07 Apr 2025
That's because their in-retirement tax rate is apt to be lower than it is when they make the contribution ... Presuming it's tax-free ... Doubling up tax shelters. It also makes sense to avoid any investment type that offers tax-sheltering features itself.
Edit

Letter: Put country over party; stop legislating hate

The Bismarck Tribune 07 Apr 2025
Historically, nations fail because. 1) Debt and finance. In 1990, increase of wealth was 112% to top .01%, increase for 1% was 57%, and to 90% share was 2%. Money goes out to influence government, tax shelters and lobbyists. No ... .
Edit

Could EU’s new financing schemes reshape the European film industry?

Screen Daily 07 Apr 2025
The loans can be used for various activities — from cash-flowing a tax credit to financing a minimum guarantee (MG) against future sales ... Crucially, the credit costs were also eligible for the 40% Belgian tax shelter.
Edit

Liz Weston: How can I avoid a ‘casualty gain’ on property lost in a natural disaster?

The Oregonian 06 Apr 2025
I thought there may be a silver lining with tax deductions ... If the insurance payment exceeds your tax basis in the property, that’s known as a casualty gain ... However, the home sale tax exclusion also applies to involuntary conversions.
Edit

Losing a home in a fire, then being hit with a ‘casualty gain’

San Diego Union-Tribune 06 Apr 2025
I thought there may be a silver lining with tax deductions ... If the insurance payment exceeds your tax basis in the property, that’s known as a casualty gain ... However, the home sale tax exclusion also applies to involuntary conversions.
Edit

Wondering if you should convert your tax-deferred retirement savings to a Roth? Here’s what to consider

CNN 06 Apr 2025
Will your taxes go up in retirement? Trick question ... By investing in assets through a Roth when they are at their lows, “the subsequent gains when the recovery takes hold can be sheltered in a tax-free environment,” the report noted.
×