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.
Agriculture Minister Gerry Ritz announced today that the list of designated areas eligible for tax deferrals
has been expanded.
Homeowners with both tax deferrals
and reverse mortgages have two claims against their equity, increasing the state program's risk that it won't be repaid.
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.
The budget folds the Senior Citizens' Property Tax Assistance Program for elderly, blind and disabled homeowners - which provides payments up to $473 - and merging it with a separate program that provides tax deferrals
, rather than rebates.
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.
Companies can be offered a variety of programs including subsidized energy, telephone discounts, relocation and employment credits or tax deferrals
The Harper Government is supporting livestock producers in Ontario and Quebec who are struggling as a result of extremely dry growing conditions by offering livestock tax deferrals
to producers in drought-affected municipalities.