…This would be bad news for tax lawyers and accountants. As some of the brightest minds in the country now devote themselves to crafting fiendishly clever tax avoidance schemes, though, imagine what an unexpected dividend would flow from redirecting all of that creativity to productive activities....
Since his future long-term capital gains will be taxed at 0%, thanks to his low level of income in early retirement, it makes sense to use those loses to lower his ordinary taxable income while he’s still working. In this scenario, that means the lab rat can lower his taxable income ...
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I am not a qualified tax consultant; all the information you find below is based on (countless hours of) my own research and chats with lawyers and accountants. Always make sure you talk to several good tax lawyers before you make any moves. Tax structuring and personal residency are topics...
even lawyers who represent state-legal marijuana businesses face financial risks. Sacramento lawyer Khurshid Khoja recently lost his two bank accounts with Umpqua Bank, after Umpqua started asking him about his state-legal cannabis clients. The good news is that Trump has partially eased this awful ...