Word: taxed
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Fund managers at the nation’s largest non-profit organizations, including Harvard, are typically restricted by IRS tax laws in their investing of charitable trusts...
...Planned Giving Office unveiled this year a separate charitable remainder trust, dubbed “tax-efficient,” for donors looking to minimize the tax rate on their payouts...
...York Yankees have dominated the sports world recently with their trade for Alex Rodriguez, once again one-upping the Red Sox. The absorption of A-Rod’s contract means that the Yankees will pay over $220 million for their 2004 roster, after the luxury tax and revenue sharing...
...questioned what he called the “us-versus-them, populist rhetoric” of Sen. John R. Edwards, D-N.C. But since Che Guevara isn’t on the ballot and the most radical redistribution proposed is a return to Bill Clinton’s tax code, incisive readers might wonder: Where is the populism...
Meanwhile, in order to avert the AMT bite, you may have to reverse your regular tax strategy and forgo taking advantage of many itemized deductions. For example: you should consider refraining from prepaying state income taxes or real estate taxes, and don't defer bonuses or other income to the next year. And you should run the numbers before tapping any long-term capital gains. Finding the triggers can be tricky, so you may want to consult an accountant or visit websites like turbotax.com...