Guess too high and you will be making an interest-free loan to the U.S. Treasury.
An interest-free loan for new computers is a simple way to start.
Sell in ten years and you in effect have an interest-free loan from the IRS for ten years on your 1999 tax bill.
The best young players may get an interest-free loan from a sponsor or trust, but they will be paying it off for most of their lives.
First, tax losses represent an interest-free loan that defers capital gains taxes you would otherwise owe into the distant future, and can even eliminate them entirely when you die.
Regarding such a switcheroo as "income" is like making an interest-free loan and then telling yourself, as the debtor pays back only your principal, that you are earning a generous return on your money.
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That's also why so many taxpayers actually ask the government to withhold more money from their paychecks than they need to--effectively paying their taxes upfront while giving the government an interest-free loan--because it's the only way they can be sure they'll have enough to pay the IRS when April 15 rolls around.
Using tax loss harvesting to defer capital gains taxes is like receiving an interest-free loan from the IRS. Also, if you (and your spouse) are still holding the shares when you die, your heirs will receive a stepped-up basis, and you will have gotten the up-front benefit from tax loss harvesting while avoiding the taxes on the back end entirely.
"It's an involuntary interest-free loan to the state, " complains Beverly Hills tax lawyer Henry Pattiz .
It was bought with an interest-free marriage loan of 7, 000 DDR marks.
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Back in the 1960s, the Kennedy Administration deemed deferral an unwarranted interest-free loan from the Treasury and proposed taxing all international income as earned.
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The players from Govindpuri are in an NGO-run school, and Neha now plans to study for a degree in physical education, perhaps with an interest-free microfinance loan, and return as a coach.
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The prospect of an interest free loan covering 20% of the cost of a 'newly built home' - as the chancellor described it - could stimulate house building and provide far more starter homes.
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