The Motley Fool

JULY 15, 2023

Gather financial accounts and legal documents First, you want to gather all your parents' financial accounts and relevant legal documents (if your parents are anything like mine, this is much easier said than done). Income like dividends could also generate a tax bill. Here are four steps to guide you.

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The Motley Fool

SEPTEMBER 14, 2024

But to me, maybe no decision you can make when starting a new venture is more important than what legal form the business will take. You essentially have four choices for how you will legally form your business. The legal issues and potential liability are the same, so no, we don't like this option much either.

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The Motley Fool

JULY 13, 2024

They do their best to avoid debt Most millionaires eliminate all other debt besides a mortgage on their home. That means not carrying credit card debt from month to month or financing a new boat, ATV, or vacation whenever the whim strikes. They do everything within their power to pay off debt as soon as possible.

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The Motley Fool

FEBRUARY 19, 2025

We continued our impressive debt reduction journey in 2024 as well, ending the year with $790 million in holding company debt, down from $4.2 We had a total estimated pre-tax statutory loss for our U.S. For the full year, we generated strong statutory pre-tax income of $378 million. life assumption reviews.

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Private Equity Wire

JANUARY 7, 2025

He was recently named as a recommended individual in the Private equity: transactions high-value deals category in the 2025 edition of the UK Legal 500 guide of leading law firms.

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The Motley Fool

AUGUST 17, 2023

Cannabis has been fully legal in Canada for several years. Canopy reported an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) loss of CA$57 million, compared to a loss of CA$78 million in the prior-year quarter. However, it is also in debt to the tune of CA$1 billion.

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The Motley Fool

OCTOBER 10, 2024

federal legalization, burdensome tax regimes, and competition from the black market. More notably, Green Thumb achieved a GAAP net income of $21 million and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of $94 million. million in outstanding debt. legal market demand.

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The Motley Fool

SEPTEMBER 22, 2024

If you have some money you'd like to invest in this wealth-building asset class -- that you don't need for living expenses or to pay off debt -- read on to learn about two great growth stocks. Sports betting is one such industry -- and DraftKings (NASDAQ: DKNG) is the best wager to make on the legalization megatrend.

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The Motley Fool

AUGUST 22, 2023

When the Canadian market boomed after that nation's move to fully legalize cannabis, the companies did well. positioning itself to benefit if cannabis is ever federally legalized. will legalize cannabis federally anytime soon. This should allow it to reduce its debt load while funding its growth efforts.

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Private Equity Insights

AUGUST 16, 2023

Private equity firm Bain Capital on Tuesday agreed to buy Fogo de Chão, in a deal people familiar with the matter said valued the Brazilian steakhouse chain at about $1.1bn, including debt. Bain arranged debt financing for the deal from Deutsche Bank, which is also serving as financial advisor to the firm.

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The Motley Fool

MARCH 18, 2024

Image source: Getty Images Doing your taxes isn't fun even in the best-case scenario, but for most people, they're at least not too painful. You spend a couple of hours entering data into your tax software, file your return, and get a refund check a few weeks later. You do this through the IRS Free File system, not your tax software.

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The Motley Fool

AUGUST 20, 2023

Keep reading to discover what to expect and what steps to take after paying off your mortgage debt. Don't forget about other homeownership costs While you'll no longer owe money toward the loan's principal or be responsible for interest, you'll need to keep paying your property taxes. You want to protect your investment.

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The Motley Fool

MARCH 1, 2024

Image source: Getty Images The only thing most people like about tax season is getting a refund check they can put toward debt repayment, saving for a long-term goal, or just spending it on something fun. Below, we'll look at which states had the largest tax refunds last year and what you can do to boost yours. Alaska $1,565.92

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The Motley Fool

MARCH 14, 2024

Image source: The Motley Fool/Upsplash Just as it's sometimes possible to drop the ball on filing your federal taxes , so too might you inevitably drop the ball on your state taxes. So if you're sitting on an old tax return you know you need to submit, don't just ignore the problem. But you may be looking at costly penalties.

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The Motley Fool

OCTOBER 16, 2023

The sad reality, though, is that most medical campaigns don't come close to meeting their goals, forcing uninsured or underinsured Americans to resort to credit card debt to cover their healthcare bills. So rather than run the risk of landing in serious debt due to medical bills, do what you can to put health insurance coverage in place.

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The Motley Fool

SEPTEMBER 9, 2023

But unlike stocks, there's no growth in principal when you own bonds or other debt-based holdings. Also keep in mind that most retirement income is still taxed like regular work-based income, so you may be pocketing less than you're withdrawing from an IRA, for example. That said, there are some tax implications to consider.

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The Motley Fool

DECEMBER 17, 2023

With a Roth IRA, you contribute taxed income (take-home pay) but can withdraw it, and your investment gains tax-free when you retire. Most of your Roth IRA's value might be investment gains by the time you retire, and you'll pay no taxes on it. It's one of the few ways to (legally) get out of paying taxes.

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The Motley Fool

AUGUST 23, 2023

Investors are more than a little concerned with a debt load of about $143 billion. of trailing free cash flow, which means there are heaps left over to further reduce the company's debt load. For at least the next couple of years, AT&T will prioritize debt reduction over dividend raises. at the end of June from just 7.7%

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The Motley Fool

SEPTEMBER 7, 2023

It also, for a REIT, has a low level of debt, with 12% debt to total gross assets. The company's quarterly report also didn't reflect any boost it might get from the legalization of adult recreational-use sales in Maryland, where the company has four dispensaries. Just one example of the change's impact relates to the U.S.

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The Motley Fool

SEPTEMBER 3, 2023

You need to be aware of when and how you could possibly face legal and financial scrutiny if you make deposits in a certain pattern that trigger the attention of authorities. This is called "structuring deposits," and it is illegal regardless of whether the money you are depositing came from legal activity or from illegal activity.

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The Motley Fool

SEPTEMBER 21, 2023

First, in late August, the Department of Health and Human Services (HHS) officially recommended to the Drug Enforcement Agency (DEA) that marijuana should be rescheduled from Schedule I to Schedule III, even though cannabis legalization in the U.S. is still uncertain. Given the company's ongoing plan to pivot toward the U.S.

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The Motley Fool

SEPTEMBER 23, 2024

Ares Capital Ares Capital is a business development company ( BDC ), which means it can legally avoid paying income taxes by distributing nearly all its profit to shareholders as a dividend. The average yield Ares received from its portfolio of debt securities was a healthy 12.2% At recent prices, its dividend offers a 9.3%

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The Motley Fool

JANUARY 6, 2024

There was $129 billion in net debt on AT&T's balance sheet at the end of September, which isn't as frightening as it might seem. The company expects to achieve a manageable net debt-to-adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) ratio of 2.5 million in net unsecured debt.

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The Motley Fool

AUGUST 3, 2024

Income-seeking investors like these types of businesses because they can legally avoid federal income taxes by distributing nearly everything they earn to shareholders as a dividend. Despite a fairly conservative portfolio, this BDC's average yield on debt and other income-producing securities was 12.2% in the second quarter.

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The Motley Fool

MAY 3, 2024

When you are officially ready to launch your small business, it's important to make it "official" by forming a legal entity for your business. No matter what structure you choose, here are a few reasons why forming a legal business entity is crucial to your small business success.

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The Motley Fool

SEPTEMBER 18, 2023

Soaring interest rates have the market worried that Verizon's debt load could become too much of a burden. Steady cash flow generation and declining capital expenditures suggest its debt load will be manageable. Like PennentPark, Ares Capital lends to middle-market companies and prefers floating-rate debt instruments.

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The Motley Fool

SEPTEMBER 14, 2023

This was due to a slew of headwinds, such as fierce competition, regulatory uncertainty, and high excise taxes, among many other factors. The company has closed or sold several of its production facilities, reduced its workforce, and significantly reduced its debt. Key takeaway Aurora Cannabis isn't without risk.

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The Motley Fool

OCTOBER 21, 2024

They are also popular with income-seeking investors because they can legally avoid paying income taxes by distributing nearly all their profits to shareholders as dividends. The average yield it received from the debt securities in its portfolio was 12.2% These specialty financiers fill the gap left by U.S.

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The Motley Fool

APRIL 5, 2024

These specialized entities are popular among income-seeking investors because they can legally avoid paying income taxes by distributing at least 90% of their earnings to shareholders. Ares Capital reported an average yield on debt and income-producing securities that rose to 12.5% At recent prices, Ares Capital offers a big 9.3%

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The Motley Fool

JUNE 22, 2023

SNDL exited the first quarter of 2023 with CA$793 million in cash and cash equivalents, and zero debt. Meanwhile, SNDL, along with most of its Canadian peers, will likely have to continue to spend precious capital on secondary opportunities like alcohol simply to survive the lean years in legal marijuana.

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Mergers and Acquisitions Venture Capital Legal Taxes 246

The Motley Fool

SEPTEMBER 28, 2023

Canopy Growth Canopy Growth (NASDAQ: CGC) is a Canadian cultivator that looks cheap and appears to be exposed to a lot of upside from cannabis legalization in the U.S., It's selling off a handful of its properties to pay down its long-term debt load of $789 million, generate more cash, and cut its expenses. but it's a trap.

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The Motley Fool

FEBRUARY 24, 2024

These specialized entities are popular among income-seeking investors because they legally avoid paying income taxes by distributing nearly all their profits to investors as dividends. The average return on Ares Capital's debt investments rose to 12.5% At recent prices, it offers a 9.5% last year from 11.6% a year earlier.

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The Big Picture

JANUARY 5, 2025

Institute for New Economic Thinking ) Insurance and Taxes Now Cost More Than Mortgages for Many Homeowners : Ballooning expenses rewrite the math of homeownership. New York Times ) Legalization of online sports betting generates an 8% increase in credit card debt among sports betters.

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The Motley Fool

JANUARY 31, 2025

billion in debt and returned $1.6 Moving to interest, other income and taxes on Slide 11. Interest expense of $206 million in the quarter was up $82 million versus last year primarily reflecting the issuance of $7 billion in debt to fund the NFP acquisition. Also embedded in this guidance is an expected tax rate of 19.5%

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The Motley Fool

MAY 25, 2024

31), it repaid the entirety of its outstanding convertible debt. While moving cannabis to Schedule III won't legalize it for recreational purposes, it would no longer subject cannabis-touching businesses, including MSOs, to Section 280E of the U.S. Another reason to trust in DocuSign is the company's balance sheet. The roughly $1.2

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The Motley Fool

MARCH 19, 2025

The global baseball market is continuing to expand at the same time as we see increasing sports betting legalization in markets such as Mexico, Korea, Taiwan, and anticipated future markets like Japan and India. Legal is one of the departments benefiting from it. dollar-denominated sports rights. dollar-denominated sports rights.

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The Motley Fool

JANUARY 6, 2025

steel import levels; construction activity; demand for finished steel products; the expected capabilities, benefits, and timeline for construction of new facilities; the company's operations; the company's strategic growth plan; legal proceedings; the company's future results of operations; financial measures; and capital spending.

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