The Motley Fool

DECEMBER 22, 2023

Not only do the holidays inspire goodwill and cheer, but many people are interested in writing off their donations as we close out the tax year. But there's also a lot of confusion about charitable donations and when you can write them off for tax purposes. To write off a charitable deduction, you'll need to itemize your tax return.

Taxes 246

Taxes Mutual Funds Exchange-Traded Funds Consultants 246

The Motley Fool

FEBRUARY 23, 2024

Image source: Getty Images At this point, it's probably best to start focusing on your taxes if you haven't begun to work on your 2023 return. And when doing so, it pays to get your hands on every tax credit you're eligible for so you can reap the maximum amount of savings. Others might fear that claiming it will lead to a tax audit.

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The Motley Fool

JANUARY 22, 2024

But along with forming an LLC, filing annual reports for a corporation, or filing business tax returns, now there's a new one called "BOI." In most states, with just some simple paperwork and a small fee, you can set up a small business that has its own separate identity for banking , taxes, and liability purposes.

Legal 246

Legal Taxes Liabilities Banks 246

The Motley Fool

MARCH 6, 2024

Image source: The Motley Fool/Upsplash Tax refunds are the prize at the end of the tedious tax-filing process, and you're not alone in wanting the largest refund possible. The average refund this tax season stands at $1,741 as of Feb. Here's what you need to know to shrink your tax refund for next year.

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The Motley Fool

JULY 24, 2023

You get tax-free distributions in retirement, which is a pretty sweet perk, even though you don't get to deduct your contributions on your taxes. You'll also avoid taxes and penalties if you withdraw your contributions (but not the investment earnings) at any time. Which option yields the better tax savings?

Taxes 245

Taxes Consultants Consulting Liabilities 245

The Motley Fool

MARCH 16, 2024

The good news, though, is that as a parent, you may be entitled to certain credits when you file your taxes. And that's a very good thing, because unlike tax deductions, which simply exempt some of your income from taxes, credits reduce your tax burden on a dollar-for-dollar basis.

Taxes 130

Taxes Consultants Consulting Liabilities 130

The Motley Fool

JULY 20, 2023

Plan for the tax bill Whether you take the $516.8 million lump sum or you annuitize the $1 billion, expect to pay a lot in taxes. Lottery agencies are required to withhold 24% of prizes above $5,000 for federal taxes. Again, consult with your financial professionals about tax strategies.

Taxes 246

Taxes Consultants Consulting Liabilities 246

The Motley Fool

FEBRUARY 19, 2025

For those that don't know him, Samir joined CareScout in the second half of 2023, bringing a wealth of experience from financial services and strategy consulting roles at Goldman Sachs, JPMorgan, and McKinsey. We had a total estimated pre-tax statutory loss for our U.S. billion pre-tax benefit to LTC statutory income in 2024.

Liabilities 130

Liabilities Legal Taxes Debt 130

Integrity Financial Planning

JUNE 12, 2023

As you plan for retirement, it’s important to consider tax optimization strategies to minimize your tax liabilities. Here are three key ways to optimize taxes in retirement, based on information from sources published between 2022 and 2023.

Taxes 92

Taxes Liabilities Consulting Consultants 92

The Motley Fool

JULY 24, 2024

We had strong performance in software and infrastructure above our model as investment in innovation is yielding organic growth, while consulting remained below model. As we stated last quarter, factors such as interest rates and inflation impacted timing of decision making and discretionary spend in consulting.

Consultants 243

Consultants Consulting Leveraging Taxes 243

Walkner Condon Financial Advisors

MAY 31, 2024

Breathe Easier Next Tax Season with These Planning Strategies Every year, most of us smile when we see April 15th in the rearview mirror. The completion of our tax returns being filed marks the beginning of a nine month period where we don’t need to think about funny acronyms and form numbers.

Taxes 105

Taxes Liabilities Mutual Funds Assets 105

The Motley Fool

DECEMBER 20, 2024

And third, favorability in interest expense, other income and expense and tax expense, all of which were partially offset by higher fuel prices netted to a $38 million improvement. We were not consulted. No one was consulted when this was passed. And we have nothing in the forecast for these changes, for the tax.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Leveraging Debt Assets 246

The Motley Fool

MARCH 16, 2024

Image source: Upsplash/The Motley Fool At this point, many people are deep in the throes of doing their taxes. To that end, it pays to claim any tax credits you're entitled to, as they'll reduce your IRS liability on a dollar-for-dollar basis. And your goal may be to try to eke out the most savings on your return as you can.

Taxes 147

Taxes Consultants Consulting Liabilities 147

The Motley Fool

NOVEMBER 3, 2024

Cashing out is generally not a great idea as you'll pay taxes and penalties -- and decimate your retirement savings!) Pay attention to the fees Those small fees for administration, investment, consulting, and other expenses can add up faster than you might expect. Before you make the move, there are several things you should know.

Liabilities 130

Liabilities Taxes Education Consultants 130

The Motley Fool

SEPTEMBER 14, 2024

The legal issues and potential liability are the same, so no, we don't like this option much either. In addition, know that with a partnership, one partner can take on a debt or liability, or sign a contract in the name of the business, and both partners are liable for it. LLC stands for Limited Liability Company.

Legal 130

Legal Startups Liabilities Consultants 130

The Motley Fool

DECEMBER 3, 2024

With a consulting partner in the quarter, we identified several favorable shrink opportunities and have implemented specific administrative and process actions that enable us to better monitor and manage both internal and external factors. And as Ken noted, we are addressing other opportunities called out by a consulting partner.

Securities and Exchange Commission (SEC) 130

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The Motley Fool

JULY 10, 2024

For example, if you own a home repair company with a partner, you may want the liability protection of an LLC, while a solo graphic designer might choose a sole proprietorship. Finally, an LLC, or limited liability company, creates a separate legal entity for your business. How much will you invest in marketing?

Legal 130

Legal Liabilities Consultants Consulting 130

The Motley Fool

JANUARY 31, 2025

Finally, wealth solutions delivered 8% organic revenue growth in Q4, driven by continued strong demand for pension risk transfer consulting, regulatory work from policy changes across the U.K. Moving to interest, other income and taxes on Slide 11. Also embedded in this guidance is an expected tax rate of 19.5%

Leveraging 130

Leveraging Capital Taxes Shareholders 130

Private Equity Wire

FEBRUARY 18, 2025

HMRC, the UK tax authority has abandoned a controversial crackdown on private equity firms, averting a potential tax hit that could have amounted to hundreds of millions of pounds in retrospective liabilities, according to a report by the Financial Times.

Taxes 45

Taxes Private Equity Firms Private Equity Firms Liabilities 45

The Motley Fool

JANUARY 24, 2024

We entered the year intent on enhancing our Software portfolio and strengthening our Consulting position. Consulting has delivered durable revenue growth through the year despite an uneven macro environment. Consulting has delivered durable revenue growth through the year despite an uneven macro environment. We have done both.

Consultants 130

Consultants Consulting Taxes Leveraging 130

The Motley Fool

APRIL 24, 2024

We had good performance in software, at the high end of our model; continued strength in infrastructure, above our model; while consulting was below model. On a relative basis, consulting outperformed the market. Similar to last quarter, this remains weighted toward consulting. billion of operating pre-tax income, and $1.68

Consultants 130

Consultants Consulting Leveraging Taxes 130

The Motley Fool

NOVEMBER 2, 2024

But over time, they can quickly turn from an asset to a liability. You may also want to consult an attorney, which can have its own costs. Any successful settlement could be taxed as income. Image source: Getty Images Credit cards can seem like the simplest, fastest solutions for dealing with unexpected expenses. In fact, 9.1%

Debt 130

Debt Consultants Consulting Liabilities 130

Private Equity Wire

APRIL 3, 2025

Private equity firms have begun advising their employees to limit time spent in the UK until greater clarity on tax obligations emerges. Executives at major buyout firms are delaying relocations from the US to London as uncertainty over the tax landscape grows.

Taxes 40

Taxes Private Equity Firms Private Equity Firms Buyout 40

Zajac Group

OCTOBER 17, 2024

For most people, tax time can be a headache—though for earners with traditional compensation packages, it can at least be fairly predictable (W-2 wages, withheld taxes, 401(k) contribution deductions, etc.). Each taxpayer receives a copy of their K-1, which they then use to complete their own tax return.

Taxes 52

Taxes Liabilities Shareholders Accredited Investors 52

The Motley Fool

AUGUST 8, 2024

million in income tax expense and $26.7 million in income tax expense and $26.7 The impact of the inflation-driven Argentine income tax, which was not adjusted, reduced adjusted earnings by $0.03 At Escobal, we met with several Guatemalan government institutions to support ILO 169 consultation process over Q2 and into Q3.

Consultants 130

Consultants Consulting Taxes Banks 130

The Motley Fool

OCTOBER 17, 2024

In the quarter, we generated 5% underlying revenue growth following 10% in the third quarter of last year, reflecting solid execution in RIS and Consulting. Global financial and professional liability rates were down 7%, while cyber decreased 6%. discrete tax benefit in the third quarter of last year. Operating income was $1.1

Companies 130

Companies Securities and Exchange Commission (SEC) Taxes Consultants 130

The Motley Fool

SEPTEMBER 9, 2024

The non-GAAP tax rate for the quarter was 18.9% My EPS guidance for Q2 assumes a base tax rate of 19%. However, one-time tax could cause actual tax rates to vary. And let the doctor know whether there's stability or disease progression or whatever the doctor needs to know prior to the consultation with the patient.

Consultants 246

Consultants Consulting Taxes Investors 246

BlueMind

NOVEMBER 24, 2022

Consequently, HNW clients usually have more than one wealth management advisor handling all of their financial concerns, be it handling their investment goals, personal liability insurance, estate taxes, or managing overseas assets.

Liabilities 98

Liabilities Assets Taxes Consultants 98

Ballast Advisors

MARCH 17, 2023

Reducing your tax liability can literally save you thousands of dollars Tax season can be a stressful time for many people, especially if you’re not fully prepared. However, with some advance planning and preparation, you can take steps to reduce your tax bill for the upcoming year.

Taxes 40

Taxes Liabilities Consulting Consultants 40

The Motley Fool

OCTOBER 25, 2023

In this past quarter, we saw good revenue growth in software and consulting. To bring our AI capabilities to life, we have more than 20,000 data and AI consultants, including a center of excellence for generative AI. These consultants also provide valuable real-time feedback to other product teams. We delivered $14.8

Consultants 100

Consultants Consulting Leveraging Taxes 100

The Motley Fool

JULY 19, 2023

We again had strength in our growth vectors of software and consulting and solid cash generation, consistent with our financial model. Our consultants use their technical and business knowledge to speed up clients' digital transformation journeys and help drive adoption of our technology platforms. Our path is clear. We delivered $15.5

Consulting 100

Consulting Consultants Taxes Leveraging 100

The Motley Fool

AUGUST 10, 2023

million impairment charge net of tax related to the sale of our 92.3% million net of tax for fair value adjustments on finished goods inventories that were expensed during the quarter. million in taxes paid. Our annual tax payments are typically the highest in Q1 and Q2. Maybe one last question just on the tax.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Consultants Consulting Banks 130

The Motley Fool

APRIL 18, 2024

Workers' compensation decreased mid-single digits while financial and professional liability rates were down 7%, and cyber pricing decreased 6%. Revenue grew 9% on an underlying basis with 9% growth in both RIS and in consulting. In the consulting segment, first quarter revenue was $2.2 billion, up 9% on an underlying basis.

Companies 130

Companies Securities and Exchange Commission (SEC) Consultants Consulting 130

The Motley Fool

NOVEMBER 6, 2024

This includes a one-time tax expense for a settlement with the Mexican tax authorities and an amendment of certain Argentine income tax filings, both of which relate to prior year's tax filings. This position responsible for overseeing the ILO 169 consultation process for the mine had been vacant since April 29, 2024.

Assets 130

Assets Taxes Consultants Consulting 130

Hedgestone

JULY 11, 2023

As a business owner, you may be wondering if you can sell your business if you owe taxes. The answer is yes, but it is essential to understand the implications of selling a business that owes taxes. Taxes can be a significant factor in determining the value of your business, and they can also complicate the sales process.

Taxes 40

Taxes Liabilities Amortization Depreciation 40

The Motley Fool

JANUARY 10, 2025

for the quarter and was relatively flat year over year as the decline in comparable operating income was offset by favorability in unconsolidated investments from the transition in our Canopy ownership to exchangeable shares and the impact of a more favorable comparable effective tax rate. Comparable effective tax rate was 16.3%

Capital 130

Capital Leveraging Shareholders Depreciation 130

The Motley Fool

JANUARY 30, 2025

We generated 7% underlying revenue growth continuing our best stretch of growth in more than two decades with both risk and insurance services and consulting delivering strong results. Global Financial and Professional liability rates were down 6%, while cyber decreased 7%. benefit from favorable discrete tax items and a $0.02

Companies 130

Companies Consultants Consulting Taxes 130