PROPERTY TAX DEFERRALS
PRESENT A PARTICULAR CHALLENGE for mortgage servicers that have a responsibility to their investor to ensure that the value of the property protects the investor's lien interest.
If investors are blinded or distracted by the allure of tax deferrals
, they may miss out on the opportunity to have greater flexibility for future earnings.
A key difference between a one-participant 401(k) and the more familiar SEP is the allowable contribution amount As with a traditional 401k) plan, a sole proprietor can make both a salary deferral as the employee and a company contribution as the employer, thus maximizing tax deferrals
while simultaneously increasing retirement savings.
The Treasury's cash based budget produced an eye-catching TRY 4.6bn primary surplus in March thanks to the bulky TRY 6.2bn tax deferrals
Medinets rounded discussed the benefits from tax deferrals
through 1031 Exchanges.
However, tax deferrals
in situations in which a number of assets are sold for an aggregate price can be limited when the assets include a variety of tax characteristics--i.e., inventory, items sold at a loss, and other items ineligible for installment sale treatment.
The authors explain how the investing phenomena of compounding interest, dollar-cost averaging and tax deferrals
can work for you.
Essentially, this is a tax planning reference guide, written in a clear analytical style, identifing tax deductions, fringe benefits and tax deferrals
under 1993 tax legislation.
Such issues include classification of foreign exchange gains and losses and their accounting treatments, interest rates and payments made on borrowings by the foreign subsidiaries, tax deferrals
on foreign income and even selecting the location of reinvoicing centers.
Lawmakers will explore whether the state can afford to reinstate property tax deferrals
for seniors with reverse mortgages in the February legislative session