Valuation Allowance Calculation: If the company won’t be able to use its deferred tax assets, a valuation allowance is created, reducing the amount of DTAs on their balance sheet. Impact on ...

To calculate provisional income ... are things you can do to help reduce the tax burden of switching from tax-deferred to tax-free. The goal in this process is to find ways that are both legal ...

Your employer will set aside funds in your deferred compensation plan, and the exact amount will be determined by an agreement. You don't have to pay federal income taxes on the contributed funds ...

One of the most powerful yet often overlooked tools is the IRS Code 453 Deferred Sales Trust (DST). If you're looking to sell a high-value property but want to avoid the hefty tax bill that comes ...

Contributions that are above the tax-deferred limit will be taxed as income in the year they are made. Not all employers allow after-tax contributions, so check the options related to your plan.

The IRS ruled that a contingent deferred annuity contract qualifies as an annuity contract under § 72. The ruling covers the tax treatment of the contract’s guaranteed payments, the lack ...