Clearly, some part of that income advantage reflects skills the students had before they set foot on any ivy-covered campus.
Corporations with billions in income could no longer avoid income tax altogether by taking advantage of special interest shelters and loopholes.
So on the surface, it is still worth making the 401K contribution, and when you factor in state income tax rates, the advantage is clear.
On Tuesday, Everson acknowledged there are serious problems here--for example, unscrupulous preparers taking advantage of lower income folks with predatory loans and bogus earned income tax credit claims.
TRUs and "power of adjustment" trusts share another advantage: The income beneficiary can get more of his payout in the form of capital gains, taxed at a maximum 20% rate.
She has taken advantage of the income-based repayment option, which allows borrowers to peg their federal loan payments to a certain portion of income and lowers a borrower's monthly payment.
WSJ: Third of Student-Loan Debt Belongs to Subprime Borrowers
Fixed-income fund investors are seeking any advantage they can find in this low interest rate environment.
Kinder and Morgan set their firm up as a master limited partnership, an obscure structure that had one key advantage: no corporate income taxes.
FORBES: Kinder Morgan To Buy El Paso In $21B Wager On Natural Gas
By contrast, Texas has no income tax, a huge competitive advantage.
Better yet, that advantage reached across all income groups.
If you are working in a low-paying job you can take advantage of another option, called income-based repayment.
Traditional tax-exempt bonds, by contrast, are more valuable for high-income investors because they reap a larger tax advantage.
The opportunity for planners, which has been supported by IRS rulings in recent years, is to take advantage of the instances where the income tax laws and the estate tax laws diverge.
FORBES: Year-End Estate Tax Considerations -- TIME IS RUNNING OUT
Bluntly put, the expense-adjusted performance advantage of switching to cash or fixed income is questionable.
If that is true, some advantage goes to RIM on revenue and income and profits.
FORBES: The 6 Reasons Research In Motion Shot Itself In the Foot
The team thinks all of these factors present a catalyst for investors to enjoy the higher current income versus investment grade and potentially for the yield advantage to compress further leading to modest capital appreciation.
One advantage of good tax policy is that more income usually means a bigger tax base.
The advantage to this strategy: Lewis would convert ordinary income into lower-taxed capital gain, and he would participate in continued price appreciation in the stock.
With roughly comparable income, the way parents try to give their children an advantage is to have fewer of them (relative to other families), so as to maximize the investment that can be made in each.
FORBES: Demographic Decline and Investment Intensity in Children -- Observations on China and Japan
Interest income on these bonds is not taxable, giving them a distinct advantage in the financial marketplace.
FORBES: For the Sake of Tax Reform, The Muni Bond Exemption (and State Tax Deduction) Must Go
Warren Buffett, in a New York Times op-ed, renewed his call for a minimum income tax of 30% on the wealthy to block them from taking advantage of concessional tax rates for dividends and capital gains, or seeking other tax shelters.
FORBES: With His Tax Proposals, Warren Buffett Flunks Economics 101
There will be much talk about how the eurozone crisis can be solved, what the next step should be in the US where a debt ceiling still casts a dark shadow over optimism, and about how income inequality has become a problem for all - rather than merely an advantage for haves over have-nots.
But they do not reach the poorest reliably, and have no future in countries aspiring to become middle income, except for households well above the poverty line who can pay for advantage.
This is still something to take advantage to lower your tax bills today and throughout the rest of your income-earning life.
FORBES: How to Optimize Your Retirement Investing Priorities
Indeed, there are both studies and even investment advisers who point out that the higher your income the more you should be in munis not Treasuries precisely because of this tax advantage.
FORBES: What Is This Nonsense That Warren Buffett Is Spouting About Taxes On Investment?
If you want to take advantage of the 0% rate, start thinking of ways to reduce your income this year.
Another advantage is that reform could sweep a lot of low-paid people out of income tax altogether.
ECONOMIST: The Conservatives toy with a politically risky idea
If strategies are available to get more monthly income with no risk or requirement to add capital, why not find the loophole and take advantage of it?
FORBES: Five Things You May Not Know About Social Security, But Should
Many U.S. citizens going abroad rent out their residences back home only to find that they cannot take full advantage of expenses or such writeoffs as depreciation because they have little or no taxable income to offset.
Additionally, millions of folks continue to be able to take advantage of things like the American Opportunity Tax Credit, and the expansions to the Earned Income Tax Credit and the Child Tax Credit.
应用推荐