While most people are generally aware that taxes impede wealth creation, few of us truly understand how impactful they are. Read more: https://lnkd.in/et3uq2dZ Post written by Jonathan Aires.
Forbes Finance Council’s Post
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It is never to early to think about completing your next tax return. Have a watch to learn how to avoid the tax return mistakes. #primeaccountants #primetax #taxreturns2024
🔍 Did you catch this week's #WednesdayWisdom? Our Associate Director, Paislei Godley shared her invaluable tax tips for 2024, helping you navigate the Self-Assessment season with ease. Today, she's following up with 8 Self-Assessment Tax Return Mistakes to Avoid. Stay on track and optimise your tax filing process! https://lnkd.in/erDDTCuc
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primeaccountants.co.uk
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Should we stop taxes on tips? #Lehigh's economist and Ph.D. program director, Ahmed Rahman argues that it will "actually tip the scales of power towards corporations and away from workers." Some experts agree that it could have a negative impact, but many politicians seem to be supportive of this change. What do you think about tossing out taxes on tips? Read the story below: https://lnkd.in/exKSFFMj #TaxOnTips #EconomicDebate #TipTax #PolicyChange #TaxReform #EconomicImpact
Trump, Harris propose plans to toss out taxes on tips. Some experts think concept is a bad idea
wfmz.com
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Read MD's second article about the proposed changes to capital gains taxes and what it means for your corporation. https://lnkd.in/gbeMRvAV
Rising capital gains taxes: What it means for your corporation
invested.mdm.ca
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Associate Portfolio Manager and Financial Advisor, Steele Wealth Management of Raymond James Ltd. and Raymond James (USA) Ltd.
Will the new AMT rules impact you? Your Steele Wealth Management team can walk you through whether AMT may apply to you and if so, some strategies you can employ to reduce overall taxes #SWMadvice
2024 AMT Changes - Could You Be Impacted?
raymondjames.ca
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The introduction in this week’s Federal Budget of higher taxes on larger capital gains of $250,000 or more certainly came as a surprise. Initially presented as a higher tax that will only impact wealthier Canadians, the new higher tax rate actually has the potential to impact a much wider group of tax payers than perhaps is understood and could impact families and estates with cottages or second properties, estates of investors with large embedded capital gains accumulated over many years and holding companies and professional corporations and trusts will pay the higher tax on all gains, not just the portions over $250,000. Please see the budget summary provided by our tax and economics team. We will actively be reaching out to clients and investors and their families who could be impacted by this higher tax to look at potential strategies to lessen the impact. Should you or any family or friends have any questions about this, please don’t hesitate to give us a call. Bob & Ian BMO Private Wealth’s John Waters, Vice-President and Director of Tax Consulting Services, and Dante Rossi, Director of Tax Planning, share their analysis of the 2024 Canadian Federal Budget: http://spr.ly/6001b1bCV
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Will the new AMT rules impact you? Your Steele Wealth Management team can walk you through whether AMT may apply to you and if so, some strategies you can employ to reduce overall taxes #SWMadvice
2024 AMT Changes - Could You Be Impacted?
raymondjames.ca
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The introduction in this week’s Federal Budget of higher taxes on larger capital gains of $250,000 or more certainly came as a surprise. Initially presented as a higher tax that will only impact wealthier Canadians, the new higher tax rate actually has the potential to impact a much wider group of tax payers than perhaps is understood and could impact families and estates with cottages or second properties, estates of investors with large embedded capital gains accumulated over many years and holding companies and professional corporations and trusts will pay the higher tax on all gains, not just the portions over $250,000. Please see the budget summary provided by our tax and economics team. We will actively be reaching out to clients and investors and their families who could be impacted by this higher tax to look at potential strategies to lessen the impact. Should you or any family or friends have any questions about this, please don’t hesitate to give us a call. Bob & Ian BMO Private Wealth’s John Waters, Vice-President and Director of Tax Consulting Services, and Dante Rossi, Director of Tax Planning, share their analysis of the 2024 Canadian Federal Budget: http://spr.ly/6001b1bCV
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🤝 Financial partner to active women execs, biz owners, + LGBT 🏳️🌈 community. Mother of 4 daughters. Nature lover, adventure-seeker, hiker, crossfitter, and animal-lover. 🐶😽
Thinking about how to save on taxes in the New Year? Kate Dore, CFP® shares some great ideas for you: https://lnkd.in/e-qBWpCf #investing #taxmanagement #womenandmoney
Here’s where to invest your cash to save on taxes in 2024
cnbc.com
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Client Services Associate at BMO Nesbitt Burns|| DFOL Certified || CSC Certified || CPH Certified || IFIC Certified
The introduction in this week’s Federal Budget of higher taxes on larger capital gains of $250,000 or more certainly came as a surprise. Initially presented as a higher tax that will only impact wealthier Canadians, the new higher tax rate actually has the potential to impact a much wider group of tax payers than perhaps is understood and could impact families and estates with cottages or second properties, estates of investors with large embedded capital gains accumulated over many years and holding companies and professional corporations and trusts will pay the higher tax on all gains, not just the portions over $250,000. Please see the budget summary provided by our tax and economics team. We will actively be reaching out to clients and investors and their families who could be impacted by this higher tax to look at potential strategies to lessen the impact. Should you or any family or friends have any questions about this, please don’t hesitate to give us a call. Bob & Ian BMO Private Wealth’s John Waters, Vice-President and Director of Tax Consulting Services, and Dante Rossi, Director of Tax Planning, share their analysis of the 2024 Canadian Federal Budget: http://spr.ly/6001b1bCV
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A great insight in to why the Death Tax, in addition to being immoral, is fiscally irrelevant. The long term costs to our economy from the pressure it puts on small and family held businesses, including farms and ranches, is immense.
Why, Oh Why, Do We Tax Death in America? - Committee To Unleash Prosperity
https://committeetounleashprosperity.com
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