This document provides a summary of 10 tax tips to lower taxes and grow wealth, presented by Sucré-Vail Wealth Advisors. The tips include: choosing an advisor over a broker for tax deductible fees; using tax managed investing strategies; maximizing retirement plan contributions; utilizing available deductions and credits; education planning options like 529 plans and Coverdell ESAs; insurance options; charitable foundations; efficient estate planning; annuities pros and cons; and gifting strategies. Sucré-Vail is an experienced RIA firm that provides wealth management and fiduciary retirement plan services.
Original air date: Dec. 14, 2017
Recording available at http://www.mhmcpa.com
Partnerships often hear the calling from private equity fund partners to monetize a portion of the value they own, even though they are not yet ready to deploy their exit strategy. Partnerships offer tremendous flexibility to accomplish this objective in a tax-efficient manner using debt-financed distributions. However, these transactions leave potential traps for the unwary.
In this webcast, we will provide comprehensive examples of the tax consequences of debt-financed distributions, from the moment they are made through typical subsequent events that affect their tax results.
Stuck with Payout Policy and cash dividend assignment help?. Get 24/7 help from tutors with Phd in the subject. Email us at support@helpwithassignment.com
Reach us at http://www.HelpWithAssignment.com
This powerpoint presentation is created by Gyanbikash.com for the students of class eight from their English first part NCTB textbook for multimedia class.
Why not edit medieval account books digitally?Georg Vogeler
As computers are good with numbers accounting was certainly one of the earliest applications of busisness automation with the computer and the earliest applications of computer technology in the field of history was focused on statistical applications in social and economic history. It is therefore astonishing that there are only very few digital editions of account books with offer numerical manipulation of the data. The paper argues that the philological tradition of editing in the predigital times has influenced the practice of digital editing. Only recently the theoretical discussion on digital edition has stressed that digital representation can include multiple information layers. In the major comunity of encoding historical sources, the Text Encoding Initiative a discussion on how to represent account books has started only recently too. The paper will present a proposal how to model digital editions of accounting like historical sources and will try to show what kind of benefits historians and philologists could acquire by this method.
Original air date: Dec. 14, 2017
Recording available at http://www.mhmcpa.com
Partnerships often hear the calling from private equity fund partners to monetize a portion of the value they own, even though they are not yet ready to deploy their exit strategy. Partnerships offer tremendous flexibility to accomplish this objective in a tax-efficient manner using debt-financed distributions. However, these transactions leave potential traps for the unwary.
In this webcast, we will provide comprehensive examples of the tax consequences of debt-financed distributions, from the moment they are made through typical subsequent events that affect their tax results.
Stuck with Payout Policy and cash dividend assignment help?. Get 24/7 help from tutors with Phd in the subject. Email us at support@helpwithassignment.com
Reach us at http://www.HelpWithAssignment.com
This powerpoint presentation is created by Gyanbikash.com for the students of class eight from their English first part NCTB textbook for multimedia class.
Why not edit medieval account books digitally?Georg Vogeler
As computers are good with numbers accounting was certainly one of the earliest applications of busisness automation with the computer and the earliest applications of computer technology in the field of history was focused on statistical applications in social and economic history. It is therefore astonishing that there are only very few digital editions of account books with offer numerical manipulation of the data. The paper argues that the philological tradition of editing in the predigital times has influenced the practice of digital editing. Only recently the theoretical discussion on digital edition has stressed that digital representation can include multiple information layers. In the major comunity of encoding historical sources, the Text Encoding Initiative a discussion on how to represent account books has started only recently too. The paper will present a proposal how to model digital editions of accounting like historical sources and will try to show what kind of benefits historians and philologists could acquire by this method.
In an age of austerity, where UK statutory library provision is in jeopardy, a small band take on the responsibility of setting up and running a volunteer run library and information hub, rooted in the digital age.
A story of blood, sweat and tears but despite all odds, the a library service prevailed. How did they do it?
Nokia Talk - Values in technology design and use: ethnography's contribution triciawang
Values in technology design and use: ethnography’s contribution As a sociologist, I’ve been trained to ask macro questions about underlying social conditions. As an ethnographer, I’ve been trained to ask more grounded questions about the everyday lives of people and how they experience underlying social conditions. While incredibly illuminating for society, sociological findings do not readily appear relevant for industry and people outside of academia. My talk today is about how I came into the research internship at Nokia wanting to answer the question: how can ethnographers contribute to the product design process of a mobile device? Ethnographically grounded research on technology use is a method that aims to reveal users’ values, beliefs, and ideas. Nokia was one of the first mobile companies to concertedly hire ethnographers as part of its design process. I discovered while working here that more specifically, I wanted to find out how could ethnography be part of the Nokia’s transition from a company that produces hardware to software.
I discuss how working at Nokia these past three months have initiated a critical shift in my research practices from being an ethnographer in the clouds to an ethnographer on the ground. I provide two examples of how I’ve reframed my research in terms of how values influence technology design and use: China and Mexico. First, I share my analysis on how my research on Mexican migration and migrants’ use of technologies in Mexico and in the US had led me to believe that Nokia already has an American market with a strong brand connection but unfulfilled technology needs. Second, I provide examples for how I will conduct fieldwork in China around four central themes: gaming and leisure, value clashes, social connections, and communication needs. I will be interviewing Chinese entreprenuers of failed copy-cat social networking technologies and conducting one year of ethnography on how Chinese rural-urban migrants use mobiles and internet cafes. I also review the following projects I worked on while at Nokia that have helped me re-envision and re-frame how my ethnographically minded research can contribute to technology use: 1.) Inventive Leisure Practices: I worked with Jofish Kaye to interview local hackers to better understand how they form communities around their practice. We see leisurely hacking communities as critical, yet understudied sites of innovation. 2.) Farmville: Liz Bales, Jofish Kaye, and I did some preliminary surveying to gain insight the popularity of this Facebook game. Liz and I were most interested in understanding how Farmville supported less-meangingful social ties. 3.) The Dream House: this is a project that Janet Go, Liz Bales, and I initiated as a collaboration between 19 Entertainment, Simon Cowell’s company and Nokia Research Labs. The If I Can Dream House is the first “post-reality entertainment” production. As the show is only available online through a 24/7, 60+ camera live stream and weekly Hulu releases, we wanted to better understand how audiences connect with this new form and content of interactive media and how we could use these insights to rethink mobiles device as the primary interactive device.
What is a Franking Credit and How Does it Impact Your Tax Return_.pptxtaxlyai
Franking credits, also known as imputation credits, are a unique feature of the Australian tax system designed to prevent double taxation of company profits when distributed as dividends to shareholders. Originally published at https://taxly.ai/tax-returns/what-is-a-franking-credit-and-how-does-it-impact-your-tax-return/#Types_of_Franking_Credits_in_Australia
The Role of Real Estate in Retirement Planning in Canada_edited.pptxSharp Asset Management
Real Estate is important for a diversified portfolio. Besides the great tax breaks, Canadian real estate helps diversify and protect your retirement portfolio.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
5. Tip #1: Advisor vs. Adviser
Fees on investments are deductible while commissions are not…….
In the world of investment professionals, it’s often difficult for clients to
pick out the advisors from the advisers, an advisor is a fiduciary and can
only act in the best interests of the client.
Anyone not acting as a fiduciary, well, it’s less clear whose interests
they’re acting in‐ more importantly fees charged by advisors are
deductible and commissions charged by advisers are not.
6. Broker & RIA Key Distinctions
Broker Registered Investment Advisor
A Broker is not a fiduciary. A broker, or An RIA, subject to the Investment
registered representative, is required Advisors Act of 1940 and has a
only to recommend investments that fiduciary duty to place a client’s
are “suitable.” interests ahead of his own.
Lack of requirement to provide full Fees tend to be less with an RIA..
disclosure – possibility of multiple
layers of fees. An RIA gets paid for advice rather than
A broker is essentially a sales agent of for trades, thus no incentive to do
his/her firm trading in client accounts
Brokers are often tied to specific An RIA cannot sell commission
products because of negotiated deals products nor are they allowed
between vendors and their parent proprietary products.
company. An RIA provide a level of independence
An investor should consider the parent unavailable with traditional Brokers.
firm of the broker and the stability of Assets are typically held with qualified
the custodian among many other third‐party custody firm.
factors.
7. Tip # 2: Tax Managed Investing
Taxes can reduce your portfolio return
Ways to mitigate:
Portfolio Structure
Tax aware trading
Transition of low basis stock
Tax Lot Accounting
Loss Harvesting
Wider Rebalancing Ranges
Gain – Loss Offset
Highly efficient tax overlay for
separate accounts
AMT tax neutral Muni bonds
Source: Parametric Portfolio Associates: 60% Russell 3000; 40% Barclays Capital Aggregate; No Liquidation. Interest income and dividends are taxed
annually at historical top marginal tax rates; capital gains are realized at 50% per year and are taxed at the historical long-term capital gains tax rate at the
time. Past performance is no guarantee of future results.
*A hypothetical tax-free $100,000 portfolio (invested 60% in stocks and 40% in bonds) held for 30 years would have grown to about $2.8million. If the
portfolio was taxed like an average mutual fund, it would have lost 52% of its value, due to taxes paid and earnings lost on that money. Tax-managed
investment strategies are designed to minimize capital gains distributions and maximize after-tax returns.
8. Tax loss Harvesting
Defined The benefits
• Selling securities at a loss to • Loss harvesting is an
offset realized capital important tool for reducing
gains. Harvesting current and future income.
losses helps to limit the • It can save you taxes and
recognition of short‐ help you diversify your
term capital gains, which are portfolio.
normally taxed at higher • Taxpayers can take up to
rates than long‐term gains. $3,000 of excess losses
against ordinary income.
9. Tax Managed Investing -Results Quantified:
After‐Tax Return Client Name Account#
Annualized Since Cumulative Since
YTD 2009 Inception Inception
Portfolio Pre Tax Return 28.98% 3.29% 19.29%
Benchmark Pre Tax Returns 29.44% 3.05% 17.81%
Difference ‐0.46% 0.24% 1.47%
Portfolio Post Tax Return 37.74% 5.41% 33.22%
Benchmark Post Tax Return 34.77% 3.22% 18.87%
Difference 2.97% 2.18% 14.35%
Parametric's Alpha 3.43% 1.94% 12.88%
Tax Savings $128,632 $73,125 $483,708
Inception Date
Tax Savings Based
on Account Value of $3,757,236 Value as of 12/31/2009 7/20/2004
10. Year End Tax Planning
Consider the year‐to‐date realized gains & losses. If in a gain position,
consider harvesting unrealized losses to zero out the gains.
A taxpayer can take $3,000 of losses in excess of gains against ordinary
income.
If you want to stay in the market, pick a suitable surrogate to avoid the
wash sale rules
Be careful to not let the tax tail wag the dog. Risk still needs to be
managed.
11. Tax Tip #3: Retirement Planning
Contributions to a retirement plan reduces your
taxable income
Take home pay Retirement contributions
$1.00 of taxable income $1.00 of salary deferral
– $0.35 Federal Tax – $0.00 Federal Tax
= $0.65 of net income = $1.00 of retirement savings
Withdrawals from retirement plans will be taxed …RMDs
12. Tax Management Tools
Maximize contributions to your DC qualified plans
Limitation 2010
(and 2011)
Maximum annual contribution to qualified plan $49,000
401(k), 403(b), 457 maximum elective deferral limit $16,500
SIMPLE plan elective deferral limit $11,500
Traditional IRA / Roth IRA contribution limit $5,000
Catch-up contribution limit – (401(k), 403(b), 457 $5,500
(over age 50)
Catch-up contribution limit – SIMPLE (over age 50) $2,500
Catch-up contribution limit – traditional/Roth IRA $1,000
(over age 50)
13. As a Plan Sponsor – Be aware you are a Fiduciary
It is critical for tax efficiency to create a plan that is
effective given your goals….
Maximizing your retirement savings or creating a
golden hand cuff for employees.
Get an analysis to determine which type of plan best
accomplishes your goals – DC or DB
Understand your fiduciary responsibility
Mitigate risks associated with being a plan sponsor
14. Tax Tip #4: Exclusions, Exemptions,
Deductions and Credits
• Two Types of Tax Payers
– Informed
– Uninformed
• Your goal should be to maximize the use of
exclusions, exemptions, deductions and
credits as it relates to your unique situation
Let’s ensure that you are informed, here is an example of some
exemptions not commonly used
15. The following lifetime transfers are exempt
from both gift and estate tax
Political contributions
Payments made directly and exclusively to the
provider of medical care for another person
Payments made directly and exclusively to the
provider of educational services for another
person for tuition expenses only
16. Tax Tip #5: Education Planning
2503 Trust for minors‐ Parent can lose control
529 Education Plans – 5 year forward gifting
Coverdell ESA ‐ can be used for high school cost‐
220K phases out, limit $2K annual contribution
Custodian Account – can be converted to a 529
since they do not grow tax free, limit for use to
owner/beneficiary
Roth IRAs –Grandparents being creative
Beware the 529/ESAs can reduce a students financial aid
17. Tax Tip #6: Insurance Options
Insurance companies never pay income taxes
therefore these benefits can be yours
– Use life insurance to replace wealth in an ILIT
often used to pay taxes due 9 months after death
– Purchasing life insurance in a qualified plan can be
tricky, the death benefit becomes taxable if left in
the plan and not administered correctly
Deductibility of LTC and DI insurance premiums at
the corporate level
18. Tax Tip #7: Foundations & Charitable Planning
Donor Advised Fund
Charitable gift Annuities
Chartable Remainder Trust
Charitable incentives ‐ including tax‐free distribution from IRAs
20. Advantages of Donor Advised Fund
One key element of a donor advised fund is the ability of the
donor and/or his designees to name family members and
friends as “account advisors”, thereby promoting family
philanthropy.
The names of individual donors/advisers can be kept
confidential, if desired, and grants can be made
anonymously.
A donor advised fund also offers flexibility in the amount,
frequency and timing of donations to programs and charities
of special interest.
Donor advised funds can be an excellent alternative to
private foundations because of the ease of administration.
21. Mechanics of Donor Advised funds
A lifetime transfer to a donor advised fund is treated, for both property law
and tax purposes, as a direct transfer to the sponsoring public charity
Typically, donations to a donor advised fund are tax deductible up to 50% of
adjusted gross income for cash and up to 30% of AGI for appreciated
securities held more than one year with a five‐year carryover. Gifts of
appreciated publicly traded stock are generally deductible at fair market
value, but gifts of non‐marketable property are limited to tax cost
The sponsoring charity may be a community foundation, another type of
large public charity, such as a hospital or educational institution, or a public
charity created by and associated with a major financial institution.
Because the sponsoring organization owns the donor advised fund account,
all earnings of the account appear on the tax return of the sponsoring
organization. So there’s no need to file a separate tax return for the new
entity.
Upon the death of the donor, successor advisors may continue to make
grants to charities
22. Benefits of a Charitable Gift Annuity
Simple to implement
No trust is needed, just a simple contract
Donor receives a partial income tax deduction
Steady payments are paid to donor for life
Donor can never outlive the payments steam
The asset is removed from the donor’s taxable
estate*
The charitable organization receives the asset
immediately
23. Charitable Remainder Trusts (CRT)
Defined The Benefits
The CRT is a tax‐efficient vehicle that Funding the trust with appreciated
provides the donor with a steady assets allows the donor to sell the
income stream, a tax assets without incurring a capital
deduction, deferral of capital gains, gain.
and a gift to one or more charities. Efficient way to transfer appreciated
property, benefit from charitable
income tax deduction and reduce
estate taxes.
Donor retains the benefits of
underlying assets for income
purposes
24. Tax Tip #8: Estate Planning
Efficient Will and Trust planning = Efficient estate planning
Who gets your wealth?
– IRS
– Heirs
– Charities
Proper legal planning may take advantage of unified credit/ bypass
trust and maritial trust (Qtip)– be aware of special limitations for
non‐citizens.
25. Methods of Estate Transfer
During Life (inter‐vivos) At Death(testamentary)
Gift Probate
o Outright o Wills
o Custodial o Laws of interstate succession
o Trust
Sale Will substitutes
o installment sale o Property ownership forms
o Private annuity with right of survivorship
o Beneficiary designations
26. Tax Tip #9: Annuities
Pros Cons
Grows taxed deferred Growth taxed FILO
Downside protection Surrender charges
No probate No step‐up in bases
Risk transferred to Withdrawals taxed as
Insurance Company ordinary income
Many of these restrictions are the same with retirement dollars
These items vary based on if fixed or variable annuities
27. Tax Tip #10: Gifting & Leveraging FLP
Shares to reduce Estate Taxes
The annual exclusion ‐ $13K (Gift Splitting X2)
Gifts to noncitizen spouse‐ $136K
GST tax exemption – 1.36 ML
Since valuation of FLP & LP shares are typically discounted you
may leverage your gifting by using shares
Annual exclusion gifts are typically used for funding ILIT
Transfers/gifts to a spouse and qualified Charities are
generally wholly deductible
28. Tax Clarity
Estate and gift taxes
Estate Taxes Gift taxes
Maximum estate tax rate Top tax rate on gifts 35%
of 35% Maximum applicable
Tax free amount of $5 exclusion of $5 million
million and $10 million for
married couples.
Source: “Tax Cut Extension Bill Wends Its Way to White House,” Accounting
Today, Dec. 17, 2010