Tax basis and book basis using journal entries. Tables often used to show capital accounts, tax basis, book basis, inside basis, and outside basis. It is not to see how this can be journalized.
Views: 2451 Accounting Instruction, Help, & How To
How Do Capital Gains Work? 📈 (Capital Gain Tax Rules Explained) How Stocks and Dividends Are Taxed! Our complete investing library can be found here: Stock Market Investing: https://goo.gl/hi2kK4 Dividend Investing Playlist: https://goo.gl/njSrk2 Free handout and links to tax forms: https://www.dropbox.com/s/hlulphh605k7mwc/capital%20gain%20tax%20rules%20for%20audiance.docx?dl=0 Schedule D instructions: https://www.irs.gov/pub/irs-pdf/i1040sd.pdf Form 8949 Instructions: https://www.irs.gov/pub/irs-pdf/i8949.pdf Form Schedule B Instructions: https://www.irs.gov/pub/irs-pdf/i8949.pdf IRS publication 17: https://www.irs.gov/pub/irs-prior/p17--2017.pdf Video time stamps so you can skip ahead like a boss! • How Capital Gain Tax Rates Save You Big On Taxes - 1:00 • What types of income are subject to capital gain rates? - 1:53 • Capital gain rate treatment for qualified dividends - 4:00 • Capital gain long term/Short-term holding period rules - 6:08 • When do I have to pay taxes on my stocks or dividends? - 7:24 • Recognized gain/losses vs unrecognized gains/losses - 9:50 • How are capital gains calculated? 11:00 • What about stock losses and taxes? 12:16 • Capital gain ordering rules 14:00 • Stock wash sale loss rules: 15:40 • Worthless stock and securities: 16:53 • Where do I report capital gains for taxes?(Form SCH D) (Form 8949) (Form Schedule B) 17:06 • What tax statement is used for Capital gains and dividends? 19:25 • What is net investment income taxes? 20:28 • Capital gains and state income taxes 21:23 • Tax advantages of being a long-term investor 22:31 How to make estimated tax payments video: https://youtu.be/rjTMjAvRyhM Only two types of income qualify for capital gain rate treatment - Qualified dividends - Long-term capital gains from the sale of stocks or other investment property Things to know about Qualified Dividends 1A. Holding Period - Common stock investors must hold the shares for more than 60 days during the 121-day period that starts 60 days before the ex-dividend date. For preferred stock, the holding period is more than 90 days during a 181-day period that starts 90 days before the ex-dividend date. 2A. Types of Dividends – Although qualified dividend treatment is common among many stocks not all dividends can get qualified dividend treatment. REITS (Real Estate Investment Trusts) cannot receive qualified dividend treatment under the internal revenue Code. Things to know about Long-Term Capital Gains 1A. Holding Period (Long-Term) – To get long-term capital gain rate treatment on your sale of publicly traded stock you have to hold the stock for more than a year. Notice I did not say one year exactly. I said more than one year so a year and 1 day would suffice. Holding Period (Short-term) – If you hold the stock for one year or less you receive short-term treatment which means it is taxed at ordinary income rates and what does ordinary income rate mean? It means you are paying taxes at the highest rate. This specific tax rule is a major drawback for an investor who likes to actively trade stocks. They are always paying taxes at the highest rates. When do I have to pay taxes on my stocks? Dividends - Dividends are taxable in the year received. Recognized Gain/(Loss) on sale of stocks - If you are new to investing it is important to know that taxes will only come into play once you sell the investment. Once you sell the investment you will recognize either a gain or loss. Unrecognized Gain/ (Loss) - If you are just holding an investment and have not sold it you will have a unrecognized gain/ (loss) For example I currently have an unrecognized gain on my Amazon stock of $7,000. If I sold it I would recognize a long-term capital gain of $7,000 since I have held the stock for more than a year and pay capital gain rate taxes on $7,000. How are capital gains calculated? To calculate gain on sale Fair market value of stock when sold - original purchase price (Cost Basis) Example: I sell Amazon stock for $2,000. My cost basis at the time of purchase was $800; therefore I recognize a capital gain of $1,200. What happens if I lose money on the sale of stocks? When you go to sale your securities if you lose money it’s not all bad news. Any loss recognized can offset capital gains. Example: If you recognize capital gains of $2,000 and recognize a loss of $500 you reduce your overall capital gain and pay tax only on $1,500.
Views: 2672 Money and Life TV
Tax basis and book basis using journal entries. Tables often used to show capital accounts, tax basis, book basis, inside basis, and outside basis. It is not to see how this can be journalized.
Views: 617 Accounting Instruction, Help, & How To
This video today is about tax basics for stock market investors. Taxes for beginners can be hard to understand but today this tax video should be helpful to any new stock market investor. Taxes explained and stocks go together and now you should know tax basics. Taxes on stocks can either work to your advantage or not. My favorite book on Investing http://amzn.to/2xpcpWs My second Favorite book on Investing http://amzn.to/2cQqPDD My favorite book on business http://amzn.to/2cfY71k My favorite Personal Finance http://amzn.to/2ckIqUE My favorite movie about the stock market http://amzn.to/2cQLLx1 My second favorite movie about the stock market http://amzn.to/2cGyxhL My favorite movie about business http://amzn.to/2cGzLcI Awesome Camera I use http://amzn.to/2cGznuW Professional Microphone I use http://amzn.to/2d5eLh5 Nice affordable Tripod I use http://amzn.to/2cfXPaD Bright lighting set I use http://amzn.to/2cQMw9B Laptop I use to Edit http://amzn.to/2d5dJ4U Camera I use for professional business photography http://amzn.to/2ckGLP6 Drone I use for my Business http://amzn.to/2ctNlAw
Views: 86546 Financial Education
Have a 1031 exchange question you'd like addressed? Post it in the comments! A basic calculation of tax on the cash-out of an investment property of real estate and the potential to defer these taxes by reinvesting sales revenue into a 1031 like-kind exchange.
Views: 68374 Accruit
Subscribe Now: http://www.youtube.com/subscription_center?add_user=ehowfinance Watch More: http://www.youtube.com/ehowfinance GAP-basis and income tax basis investment funds are each associated with their own particular disclosure practices. Learn about the disclosure differences between GAP basis and income tax basis investment funds with help from a registered investment adviser in this free video clip. Expert: Benjamin Lupu Filmmaker: James Goodwin Series Description: The world of investing is constantly evolving, so you need to make sure you're doing all of your research to help stay ahead of the curve and the competition. Get investment tips that you can put to work for your portfolio with help from a registered investment adviser in this free video series.
Views: 90 ehowfinance
Views: 1894 Pacific Northwest Tax School
What do EBIT and EBITDA mean? How to calculate EBIT and EBITDA? Why are the financial metrics EBIT and EBITDA important to measure the financial success of a company? Why do some companies use EBIT (Earnings Before Interest and Taxes) and others EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization)? What is the purpose of the financial statements of a company: income statement, balance sheet, and cash flow statement? What are EBIT and EBITDA used for in business? Both EBIT and EBITDA are measures of profitability, along with terms like gross profit and net income. They are reported in the income statement (or "Profit & Loss statement", "P&L"), an overview of the profit or income that you generate during a period. To calculate EBIT and EBITDA, many companies would present their income statement in the following way: Revenue minus Cost Of Sales equals Gross Profit. Gross Profit minus S,G&A and R&D equals EBITDA. EBITDA minus Depreciation & Amortization equals EBIT. EBIT minus Interest and Taxes equals Net Income. Please be aware that different companies use different terminology, so what you see here might be different from what your company is using. EBIT is Earnings Before Interest and Taxes. Interest is excluded, as it depends on your financing structure. How much did you borrow, and at what interest rate? Taxes are excluded, because it depends on the geographies that you work in. EBITDA is Earnings Before Interest, Taxes, Depreciation and Amortization. Just like EBIT, it excludes Interest and Taxes. Furthermore, depreciation and amortization are excluded, because they depend on the historical investment decisions that a company has made, not the current operating performance. EBITDA is a meaningful metric for capital-intensive industries. In the video, we look at an example of using EBIT and EBITDA in financial reporting, by reviewing the 2015 annual report of the Maersk Group (CPH: MAERSK-B), a company headquartered in Denmark and operating globally. What do business and finance people use EBITDA for? Besides being a metric to represent ongoing operating performance, it is often mentioned as part of M&A (or Mergers & Acquisitions) news. A quick-and-dirty way to calculate the value of a company is by using a multiple of EBITDA. This can help you to get to a ballpark number, but I would advise to always do a more thorough analysis and a more thorough valuation of a company, as there are a lot of “ifs” connected to using an EBITDA multiple… you are assuming the profitability and the industry does not change, you exclude the impact of working capital (which could go up dramatically for a fast-growing company), and you exclude the cash that you need for capital expenditures on an ongoing basis for the company. Related videos in the Finance Storyteller series: EBITDA example https://www.youtube.com/watch?v=7e_6qEo1grI EBIT-EBITA-EBITDA https://www.youtube.com/watch?v=nImp51zYcy4 Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investment decisions. Philip delivers training in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!
Views: 155439 The Finance Storyteller
MoneyWeek’s Tim Bennett explains what investment banks actually do- and how they earn their huge profits. MoneyWeek videos are made by MoneyWeek, the UK’s most popular financial magazine. Founded in 2000, MoneyWeek aims to provide intelligent and enjoyable commentary on the most important financial stories. It also tells you how to make money from the latest financial news. For more videos and exclusive content please visit http://moneyweek.com/video-tutorial/
Views: 575379 MoneyWeek
In this short video, we will highlight the information that appears on the form. For more information related to Form 1099-B or cost basis, please consult with your tax adviser, or refer to our website at http://www.computershare-na.com/costbasis. Please note this video is intended for U.S. residents who hold shares in companies serviced by Computershare U.S.
Views: 11738 COMPUTERSHARE
#m1finance #rebalancing M1 Finance Avoiding a Tax Nightmare In this video I briefly explain how the cost basis of a stock impacts the taxable gain that an investor can experience among his/her various tax lots of an investment. Short term capital gains and long term capital gains are something to keep in mind when choosing when to re-balance a particular portfolio. Of course if you re-balance your Roth IRA, IRA, SEP IRA, 401(k) etc.. this does not create a taxable event. How often do you manually re-balance your investment portfolio? Get $10 for signing up to M1 Finance: https://mbsy.co/qgvmm New to investing? Click here: https://www.youtube.com/watch?v=dSUk6... Connect with me on Instagram: @kennyrrobinson Mailing Address: P.O. Box 4336 Pocatello, Idaho 83205 Easiest Way To Fix OR Build Credit: https://selflender.com/refer/16355093 Best High-Interest Savings Account: https://mailchi.mp/7fd25a4138b5/savings Join the discussion by clicking on the "Community" tab! Disclaimer: I'm not your financial advisor, attorney, or tax professional, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. This video is intended for entertainment purposes only. Do your own due diligence, and take 100% responsibility for your financial decisions. Seek professional advice and guidance to aid your financial decisions. Referral links are present on this channel.
Views: 3074 Kenny Robinson
Download Preston's 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: http://www.amazon.com/gp/product/0982967624/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0982967624&linkCode=as2&tag=pypull-20&linkId=EOHYVY7DPUCW3WD4 http://www.amazon.com/gp/product/1939370159/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1939370159&linkCode=as2&tag=pypull-20&linkId=XRE5CA2QJ3I2OWSW In lesson five, we learned that Warren Buffett has four rules that he uses for investing in stocks. All the rules must be met in order for him to purchase shares of a company. Those four rules are the following: Rule 1: A stock must be stable and understandable Rule 2: A Stock must have long term prospects Rule 3: A Stock must be managed by vigilant leaders Rule 4: A Stock must be undervalued We also learned a very basic valuation technique that Warren Buffett used when he worked for Benjamin Graham. The technique multiplies the P/E ratio by the P/BV ratio and the result needs to be lower than 22.5. A key fundamental of Warren Buffett stock basics is the idea that the stock market is nothing more than a location where he can buy or sell his shares. The market only provides a platform for him to purchase undervalued companies. He always buys on the assumption that they stock market could close tomorrow and not open for five years ñ and it would have no impact on his decision to buy a particular company. Finally, we learned that Warren Buffett possess great patience. He never tries to make enormous gains, but instead consistent gains at reasonable levels. He always thinks for himself and always determines the value of a stock based on what HE thinks a company is worth - not the market.
Views: 709641 Preston Pysh
Withholding Taxes: How to Calculate Payroll Withholding Tax Using the Percentage Method There are multiple ways to calculate withholding taxes. One way is by using the Percentage Method. To begin using the Percentage Method, you must have the employees W-4 form. The employees W-4 form will outline how many allowances the employee is claiming. This information is always necessary when calculating withholding taxes. Your first step is to determine your payperiod, whether you are paying on a weekly, biweekly, or monthly basis. You will then multiply one withholding allowance for your payroll period by the number of allowances indicated on the employee's W-4 form. Next, you will subtract this amount from the employees wages. You will then go to Publication 15, pages 43-44 and use the Percentage Method Withholding Tables to determine the amount of withholding taxes for your employee. Please make sure that you are using the correct IRS table, the correct pay period section and the correct marital status column. All of these steps are outlined in the above video with two very detailed step by step examples.
Views: 117840 Karin Hutchinson
ETFs (exchange-traded funds) try to track an index, which helps keep capital gains taxes to a minimum. Learn more about what makes them tax-efficient. Visit https://vgi.vg/2OJv7x2 to learn more about Vanguard ETFs®—all commission-free when bought through a Vanguard account. Or browse our full list of ETFs now at https://vgi.vg/2RRUEq4. For more answers to common ETF questions, visit https://vgi.vg/2PtYVmE. IMPORTANT INFORMATION **You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free) or through another broker (which may charge commissions). See the Vanguard Brokerage Services commission and fee schedules for full details. Vanguard ETF Shares are not redeemable directly with the issuing fund other than in very large aggregations worth millions of dollars. ETFs are subject to market volatility. When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.** **Visit https://vgi.vg/2RUeJMi to obtain prospectuses or, if available, summary prospectuses for Vanguard ETFs. The prospectus contains investment objectives, risks, charges, expenses, and other important information; read and consider carefully before investing.** All investing is subject to risk, including the possible loss of the money you invest. Although our investment professionals are qualified to provide information about Vanguard funds and services, they can't provide tax advice. If your tax situation is complex or if you're uncertain of the interpretation of a specific tax rule, we recommend that you seek advice from a qualified tax professional. © 2018 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor of the Vanguard Funds.
Views: 3201 Vanguard
Visit http://www.netbasis.com/basis/eportfolio-manager/ for a web application that allows investors, side-by-side with their tax advisors, to manage their entire financial portfolio online. Changes in cost basis accounting mean stricter IRS enforcement and greater need for tax professionals. New rules also mean additional opportunities for those tax professionals prepared to counsel clients on sales methodology and optimal tax management.
Views: 813 netbasis
This is an unedited archive of the January 16, 2019, Investment Club webinar, led by Doug Gerlach, Russell Malley, and Sean Pulrang. Features a presentation on "Preparing the Investment Club's 2018 Tax Return" and includes an overview of the IRS e-Filing capability offered by ICLUBcentral's Investment Club Tax Printer software, details about e-Filing for New York State, and how the IRS's new audit rules opt-out election can be made.
Views: 270 ICLUBcentral
Govt cuts small savings interest rate by 0.2 percentage points Investment in Mutual Fund ELSS is the best option. Small savings schemes public provident fund (PPF) and national savings certificate (NSC) will now have an interest rate of 7.6% while kisan vikas patra (KVP) will yield 7.3% The government on Wednesday cut the interest rate on small savings schemes, including public provident fund (PPF), national savings certificate (NSC) and Kisan Vikas Patra, by 0.2 percentage points for the January-March quarter, a move that will prompt banks to lower deposit rates. Interest rates in the five-year Senior Citizens Savings Scheme, however, has been retained at 8.3%. The interest rate on the senior citizens’ scheme is paid quarterly. A finance ministry notification said interest rates have been reduced across several small savings schemes but that for savings deposits has been retained at 4% annually. Since April 2016, interest rates of all small saving schemes have been recalibrated on a quarterly basis, but there was no change in small savings interest rates in the October-December quarter. As per the finance ministry notification, PPF and NSC will fetch a lower annual rate of 7.6% while KVP will yield 7.3% and mature in 11 months. The girl child savings scheme Sukanya Samriddhi Account will offer 8.1 from existing 8.3% annually. Term deposits of 1-5 years will fetch a lower interest rate of 6.6-7.4%, to be paid quarterly, while the five-year recurring deposit is pegged at 6.9%. What are ELSS or Tax Saving Mutual Funds? ELSS (Equity Linked Savings Scheme) or Tax Saving Mutual Funds are the special funds which are meant for tax saving purpose under the Sec.80C of IT Act. Lock-in period of ELSS or Tax Saving Mutual Funds is 3 years. This is the lowest lock-in period among all tax saving instruments you invest. However, do remember that each investment (monthly SIP) is considered as a fresh investment. Hence, such each investment or monthly SIP must complete 3 years for liquidating. ELSS falls under EEE tax rule (Exempt-Exempt-Exempt). There will be tax benefit during investment, no tax on whatever you earn and no tax at the time of withdrawal. The monthly investment required is as low as like Rs.500. There is no maximum limit. But the maximum tax benefit under Sec.80C is Rs.1.50,000 as of now. Why you have to invest in ELSS or Tax Saving Mutual Funds? You must have long-term holding period to invest (strictly not less than 5 years) You must have proper return expectation of your OWN before jumping into investment # Finally, if you are feeling the shortfall in tax saving benefit under Sec.80C limit.
Views: 1190 Shubh Sanket Financial Advisor
Whether you manage your own portfolio or use the services of an investment advisor, there are costs associated with your investments, some of which are tax-deductible and some of which are not. Karen Baszak, CFP® explains this in more detail. You can find your fees that are eligible for deduction listed on schedule A of your tax return on line 23. Transcription: "Hi, I'm Karen Baszak, Certified Financial Planner™ with Pure Financial Advisors, and this is the Question of the Week. This week's question is: Which investment-related fees are tax- deductible? There's a lot of confusion on this issue. Whether you manage your own portfolio or use the services of an investment advisor, there are costs associated with your investments, some of which are tax-deductible and some which are not. Let's start by taking a look at some of the common fees that are not deductible. The first is trading fees and commissions. While these aren't deductible for tax purposes, they will add to your cost basis, so if it's related to an investment held outside of a retirement account, you'll at least get some tax benefit for this when you sell the security. Internal fund expenses are another example of a non-deductible cost. These are the administrative costs that mutual funds and exchange-traded funds charge, and they typically range from a quarter of a percent to half a percent annually, none of which are tax-deductible. Lastly, you cannot deduct advisory fees paid directly from retirement accounts. You could deduct these fees if you paid them out of pocket rather than directly through the account, but if they come out of the account, they come out as a tax-free and a penalty-free distribution, and depending on your tax situation, this could actually offer you a greater benefit in the tax deductibility. Next, let's review some of the common fees that are tax-deductible. Financial planning fees are eligible for deduction, and if you own a rental property or small business, often these fees can be deducted as the rental property expense or a business expense. You can also deduct estate planning fees. If you have legal costs for either setting up a trust or amending an existing trust, these are also eligible for deduction. Safe deposit box fees are another eligible deduction. While you can't deduct advisory fees paid directly from retirement accounts, you can deduct advisory fees paid from non-retirement accounts, such as accounts titled under your trust or held jointly. Lastly, you can deduct the cost of subscriptions for financial publications, as long as you are using them to help make financial decisions. The other important thing you need to know is that fees that are eligible for deduction are listed on schedule A of your tax return on line 23, the total of items from line 21 to 23 of schedule A are only deductible to the extent that they exceed 2% of your adjusted gross income (AGI). So, the higher your income, the less likely it is that you will be able to deduct these costs. Still, it's worth taking a look at what might be deductible, otherwise you could miss out on a viable tax break. I'm Karen Baszak, and that was your Question of the Week." As with any tax matter, you should always consult a qualified tax professional for guidance. http://purefinancial.com IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
Views: 1498 Pure Financial Advisors, Inc.
Discover our straight-forward and easy to use formula for calculating the numbers on a prospective rental property purchase. Welcome to Hipster’s first how-to video! I’m going to show you how to run quick numbers on a rental property. You can use this easy and fast formula for any property you’re looking at. I'll be behind the scenes doing the calculations on my white board and calculator (yes, it really is that big!) to show you how it works. This is an actual rental property I'm using as an example, including the actual purchase price and numbers. (You have to love my handwriting!) You always want to verify the numbers you run before you buy any property (for example, with a property manager), but it helps to do your homework first. This particular house is in Indianapolis and gets $1,075 in rent. It was built in 2002. Super cute little house: three bedroom, two bath. But all we care about right now is the numbers… Want to know more about the latest deals? Subscribe to our Newsletter: http://goo.gl/41tmRK ----- Are you a responsible professional ages 30-49 and want to make smart investments? Have you thought about real estate investing but ruled it out because it sounded complicated or risky? Do you want to grow your money, but are worried about scams and ripoffs? Are you a cool person who I’d just enjoy saying “hi” to? If you answered "YES" to any of those questions, then we should talk. I help people just like you to find smart, safe, passive real estate investments so your money is working hard for you, even if you lack real estate investing knowledge. If you're cautious or nervous, then I can help you get educated on the best real estate investments possible and guide you towards getting that first investment property under your belt. When the passive income starts flowing, you'll be hooked and be ready for more properties, and I can introduce you to actual high quality deals and partners that I would, and do, actually invest in myself. I promise, I won’t refer you to anyone I haven’t personally bought through myself. (true story)
Views: 368868 Hipster Investments
Tax advantages for an IRA include putting away money on a tax-deductible basis and not paying taxes on the internal financial growth of an IRA. Maximize investments of an IRA by putting maximum contributions in an IRA with tips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC
Views: 181 eHow
Visit our website: https://www.optimiseaccountants.co.uk/ Due diligence when buying a property investment ========================== See Full Article⤵ ↪ https://www.optimiseaccountants.co.uk/due-diligence-free-downloadable-spreadsheet/ ========================== Content – In this video you will learn Buying your next #property #investment: #Due #diligence #spreadsheet - FREE Downloadable spreadsheet to achieve financial freedom How do you know that the property your are buying will provide the desired Return On Investment (ROI)? Demo video: https://www.youtube.com/watch?v=jI2QwlcZdTE&t=3s Download spreadsheet: http://www.optimiseaccountants.co.uk/due-diligence-free-downloadable-spreadsheet/#.Wb-MRNN96Rs It is important that you understand the number of the residential property investment to ensure that the numbers stack up for you to make money. There are may aspects that the spreadsheet will go through to assist you in the buying decision making process: - The purchase costs and associated fees - How much Stamp Duty Land Tax (#SDLT) will need to be paid including the 3% surcharge - Refurbishment costs analysis, where to buy materials and where to identify reliable trades people - Total amount you will need to invest (deposit + refurbishment costs + purchase costs) - How much profit you will make (rental income less rental expenditure) Once you have identified the above numbers you will then be in a position to see how much money you will make on a monthly basis. This will then help you to work out the Return On Investment (#ROI) What about tax? (self assessment) This spreadsheet also asks you to enter in your other streams of other income such as employment income, dividends and self employment. The spreadsheet will also tell you how much tax that you will pay on the property based on the budget tax changes, in particular #Section24 mortgage interest relief. ========================== This is a spreadsheet that will help you to [Enter text]x https://www.optimiseaccountants.co.uk/due-diligence-free-downloadable-spreadsheet/ ========================== Subscribe to our channel and press the notifications button to ensure you keep up to date with the very best tax reducing strategies http://www.youtube.com/subscription_center?add_user= OptimiseAccountants ========================== #Tax #HMRC #Doctors #Property #Optimise ========================== If you wish to know more about property investing then please see these YouTube experts: Arsh Ellahi: https://www.youtube.com/user/arshellahi Assets for life (Liam Ryan and Jay Munoz): https://www.youtube.com/channel/UC2PNw6YPy0n5O4LMKeL7YFg Bronwen Vearncombe https://www.youtube.com/channel/UCDT9L2G3anfof-JFs8CI2gg Jim Halliburton (The HMO Daddy): https://www.youtube.com/user/JimHaliburton Jacquie Edwards: https://www.youtube.com/channel/UCz___wf1FXKQGP8qaJn9YSA Mike Stenhouse (podcast): https://www.youtube.com/channel/UC1ownbL3lm0KI7yrfSoltfg Paul Preston: https://www.youtube.com/channel/UCH8oZLYkWERxZn60u3qgpyg Samuel Leeds: https://www.youtube.com/channel/UCS6SES6btXx2tVFzWy4oToA Tony Law: https://www.youtube.com/channel/UCQ93i22JrK78mFAJVP0DVEA Trevor Cutmore: https://www.youtube.com/channel/UCz9trefqbyFRt1hfCgUJVzw ========================== There are people that will also support you with your property investment journey Jake Iles (Capital Allowances): https://www.youtube.com/channel/UCOM5nF5-iDuN5NRBZNfht4A Kevin Wright (Finance): Julian Maurice (refurbishment): https://www.youtube.com/channel/UC1Mx51ssuTutEn8gpsgNwjg Sam Hawking (solicitors)
Views: 965 Optimise Accountants
Dividend Investing: Pros and Cons of Investing in Dividend Stocks! (Should I invest in dividend paying stocks) Investing in dividends is becoming more and more popular. Dividends provide passive income to investors and provides and immediate return on investment. However, before deciding on a dividend investing strategy it is important to understand the pros and cons of investing in dividend paying stock and dividend paying companies. Video Outline and Time Stamps so you can quickly jump to any topic: • Con#1 - 00:50 • Con#2 - 1:35 • Con#3 - 2:15 • Pro#1 - 3:19 • Pro#2 - 3:36 • Pro#3 - 4:38 • Pro#4 - 5:19 Con#1 • Dividends payments are not guaranteed – If a company begins to experience financial hardship the dividend payment may be reduced or suspended for an un-ascertainable period of time. Ford, General Electric and PG&E are examples of companies that have had to reduce or suspend their dividend payments. Diversification is very important when it comes to dividend investing. Con#2 •Dividends are taxable – (With the exception of a Roth IRA) dividends are taxable as income when received, and taxes can easily eat away at investor’s rate of return over time. Growth and small-cap stocks normally do not pay dividends. The growth received on the investment is not taxable until sold so the growth compounds tax free and thus can be considered a large advantage over dividend paying stocks. Con#3 •Slow growth or limited return on investment - Dividend paying companies may provide little to no capital appreciation on the underlying investment so your upside potential is usually limited. Companies that are able to pay dividends are usually established companies that have been around for decades. This means an investor may be missing out on the potential capital appreciation upside of newer companies. Sure it’s great to receive dividend payments based on a 3 – 4% annual yield, but if we are forgoing higher rates of return elsewhere our net worth may grow at a much slower pace. Pro#1 •Immediate return on investment – As a dividend investor you will immediately start receiving dividend payments (usually on a monthly or quarterly basis). Watching real money being deposited into your account that you didn’t have to work for is an amazing feeling. It is truly passive income. Pro#2 •Dividend income has tax advantages – Although we normally think of paying taxes as a bad thing the good news is that dividends are taxed at the more favorable capital gain rates if you receive “qualified dividend payments.” Capital gain rates range between 0 – 24%. A much more favorable rate than ordinary income rates. Next to tax-exempt income it is the next most favorable income for tax purposes Pro#3 •Companies can increase their dividend payments - Profitable companies frequently increase dividends. As earnings increase, companies use dividends as one way to return value to their shareholder. Chevron and Proctor and Gamble are two companies are great examples of companies that have raised their dividend payments to shareholders overtime. I love when I income goes up and I do absolutely do nothing! Pro# 4 •Less worry and less time involved – Companies that pay dividends are typically well established and usually have reduced volatility. This makes me feel at ease, because I know I’m investing in solid brand name companies such as McDonalds or Chevron or Kimberly Clark. I also find myself spending less time researching these companies, because I’m not entirely focused on capital appreciation. I know I’m going to receive a payout either way. Check out some of our other videos and playlists here: ♦ Investing in the stock market!: https://goo.gl/yVAoES ♦ Save money, budget, build wealth and improve your financial position at any age: https://goo.gl/E97nJj ♦ Learn more about how federal income taxes work: https://goo.gl/D1hCX1 ♦ Ways to improve your life at any age: https://goo.gl/uq72bu You can find our content on other internet planets such as....... My Website: Moneyandlifetv.com Twitter: https://twitter.com/Mkchip123 Facebook: https://www.facebook.com/moneyandlifetv/
Views: 28844 Money and Life TV
Every investor should have a basic grasp of the discounted cash flow (DCF) technique. Here, Tim Bennett introduces the concept, and explains how it can be applied to valuing a company.
Views: 486115 MoneyWeek
tds on salary, tds on salary calculation | tds payment | tds refund | what is TDS on salary | In this Video I'm going to show you how to calculate TDS on salary income & what is included in salary income. Every employer paying salary to employee shall deduct TDS at prescribed rates if exemption limit is crossed. Under section 192 of Income Tax Act 1961. For more visit- https://www.tin-nsdl.com/etds-etcs/et... For TDS portal-http://contents.tdscpc.gov.in/. For More such videos please subscribe our channel click https://goo.gl/yNw13g You can follow us on facebook click https://goo.gl/i5AieP Related videos Link How to Buy Share Onlie https://youtu.be/g8Eb1LVNXM0 What is Cnadle stick https://youtu.be/-Sjhv7h3IT8 TDS on Salary https://youtu.be/EIbP1RiLuTs Support and Resistance https://youtu.be/pmVNHzvIbvg Why You loss Money in Share market https://youtu.be/jZugeeEVSP0 SIP or RD which one is best https://youtu.be/2jHzm2z0HfE Thanks for watching this video.
Views: 318476 Fin Baba
How much tax do you pay on investment income KNOW MORE ABOUT How much tax do you pay on investment income Paying taxes on investment income how much tax do you pay debt related investments? Livemint. How much tax you'll pay depends on 4 things any interest you earn an investment is taxed as income at full rates the hall a tennessee state and dividend from investments. Axa axa investment taxes on income. Googleusercontent search. Tax saving investments how to save income tax? Here are 6 your mutual fund returns taxed the economic timesbudget 2018 here's quick guide tax changes do you know much pay in investment taxes? The 60 second investor issues motley foolglobalunderstanding hall wikipedia. Tax on savings and investments states of jersey. If you sell within the first year own that investment, you'll pay tax at ordinary many of same financial institutions offer iras give access to these accounts as well 17 apr 2011 taxation investment income and capital gains advance payable is on estimated year, reduced by withheld source do authorities in india adopt economic employer system runs earn basis respect salary payments 14 mar 2018 a discussion taxes your investments how can shelter read full definition status way registered accounts, such rrsps or tfsas. Do i need to pay tax on income earned from selling shares? Cleartax. For more information, consult a tax professional. Percent medicare tax is also imposed on interest, dividends, capital gains and other investment income for individuals making more than (if married filing jointly) 24 jul 2018 find out if you need to pay earned from selling shares. Investment tax basics for all investors how much income do you need to pay on your investments savings and it works money advice budget 2018 mutual brackets rules uswitch. 18 jul 2018 also pay heed to the taxation rules to know what the net returns would topics income tax on debt mutual funds dividend distribution tax on 7 aug 2018 the tax rate on long term (more than one year) gains is 15. So, to cut the long story short, here is what you should know about taxes and similarly, any dividends or distributed income from equity funds are exempt from, factor in rise of prices so that investor has pay tax only on real gains 1 feb 2018 over longer investment periods decision select growth option if your current rate 30 percent, would be better off 23 oct 2017 investments may cutting far deeper into companies taxed at ordinary living retirement 60s i reverse mortgage my home? In 1913, paying involved a simple one page form. Any gain for equity mutual fund units (sip or lumpsum) held 30 nov 2017 there are also many reliefs and exemptions available, which can reduce capital gains tax, example, you do not pay any cgt when sell your the way tax on investment income depends 16 jul 2018 here 6 savers that will only help save but earn as an investor one should look options helps someone paying. 15 jan 2018 how much income tax you need to pay on mutual fund investment
Views: 6 Bun Bun 3
This video provides an introduction to the U.S. federal income taxation of partnerships (including limited liability companies and limited partnerships). The video covers the fundamentals of balance sheets, allocations, distributions, and capital accounts.
Views: 19598 Cass Brewer
For an experienced SF Bay Area real estate agent visit http://iLiveInTheBayArea.com Like me on Facebook: http://fb.com/iLiveInTheBayArea Thumbs up, favorite, share, subscribe and make a comment! Most people are aware of the fact that when you sell a long term investment such as real estate or stocks, you have to pay taxes. And these taxes don't come cheap -- currently capital gains tax is 15%, and California has its own capital gains tax of 9.3%. To put this in perspective, if you bought a property for $500,000 and years down the line you sell the same property for $1M, on that $500k profit you have to pay $121,500...PLUS your cost recovery recapture...but did you know there's a way you can defer that and not even pay a SINGLE PENNY?? It's called a 1031 Tax Deferred exchange. A 1031 exchange is when you sell your property and buy another like-kind property within a certain time frame and follow specific rules. Now you have to note, that this is a *tax deferred* investment strategy. What that means is that you will just keep rolling over what you owe in taxes to some future date. If you ever decide to completely abandon investing in real estate altogether, you will have to pay it all back. The idea though is to continuously roll it over indefinitely until you pass away. The first step that needs to be taken when doing a 1031 exchange is the process of finding a good qualified intermediary, or QI. The QI is a company that will be the "middle man" throughout the 1031 exchange process. There are two key time frames you have to keep track of with a 1031 exchange. From the date you sell your property, you have 45 days to identify a new property or properties. The second is that you have 180 days to CLOSE on the new property you identified; again this starts from on the date you sell your property. These dates are non-negotiable. Within this 45 day period, you can choose up to 3 different options. The first and most common option is the "3 property rule". The rule is that you can identify a total of 3 properties at any price. A 1031 exchange works just like a regular sale, but with the qualified intermediary acting as the "go through" person. Throughout the process, you are not allowed to touch ANY funds. If you do decide to pull any funds out, it's considered "boot" and will become taxable the second it leaves the QI's control. By FAR the most common question I get is in regards to the "like-kind" statement. If someone sells an apartment, do they have to buy another apartment, or can they buy an industrial warehouse? The answer is YES. Like kind means real estate -- period. If you sell real estate -- be it an apartment complex, an office space or a piece of raw land -- you can buy other real estate. The second most common question I get...Can I 1031 exchange my primary residence?? Well...you don't need to! In section 1034 of the internal revenue code, you can sell your primary residence and not have to pay taxes for up to $250k if you're single or $500,000 if you're married. When it comes to the value of the new property or properties, the basic point is this. You have to put in equal or more money, and buy an equal or larger valued property. The loan amount is completely irrelevant so long as those two amounts are satisfied. Remember, 1031 exchanges might not be the best option for every single person, but it's usually the most preferred option for most investors. If you're looking to avoid paying capital gains tax, the 1031 exchange is by far the most common financial technique...now that's good to know. Contact Davide Pio Today | SF Bay Area Real Estate http://iLiveInTheBayArea.com | 510-815-2000
Views: 65948 Davide Pio - CCIM, LEED AP
Property Investment - Tax Aspects | Accountants etc Norwich Investment in property continues to be a popular form of investment. On the basis that the investment appears to make commercial sense what tax factors should you take into account? http://accountantsetc.com/resources/guides/property-investment-tax-aspects/
Views: 429 Accountants etc
The tax experts at http://www.myStockOptions.com discuss in plain-English the tax rules for reporting stock sales, highlighting pitfalls when the stock you sold came from equity compensation or an ESPP. The video covers what is your “cost basis” and why it is critical to understand or risk overpaying your taxes. It examines changes in IRS rules, how they restricted what brokers can put on the 1099-B for stock sales, and the adjustments you must make on your tax return. The program includes examples and annotated version of the key IRS Form to illustrate the correct way to report your taxes. The video ends with key takeaways to prevent overpaying taxes and attracting IRS attention.
Views: 12489 myStockOptions
To learn about the next LIHTC webinar or workshop, visit: http://www.novoco.com/training. A brief overview of how the low-income housing tax credit (LIHTC) provides quality, affordable rental housing for communities and tax relief for its investors. Do you have questions about the topics presented in this video? Submit this form (https://www.novoco.com/podcast-topic-suggestion-form) and Michael Novogradac, CPA, may answer your question on his weekly Novogradac Tax Credit Tuesday podcast, available from https://www.novoco.com/podcast or iTunes.
Views: 70132 NovogradacCPAs
If you have any kind of rental property, you likely need to fill out form Schedule E with your person income tax return. Here are step by step instructions for filing out this form.
Views: 44195 Josh Bauerle
President Trump has made good on his pledge to massively overhaul the tax code for the first time in nearly 30 years. That’s a HUGE win for the President and the GOP. But what does it mean for you? Read more about this here: https://www.wesmoss.com/news/what-trumps-tax-reform-means-for-us-economy-markets-individual-tax-payer/ Tax Calculator: http://taxplancalculator.com/ Send me your questions directly at http://www.wesmoss.com (contact box in top right corner) ------------------------------------------------------------------------------ You Can Retire Sooner Than You Think (http://amzn.to/2l85Ezu) Free Workbook (http://bit.ly/2loBpGW) ------------------------------------------------------------------------------ Follow me on Twitter: https://twitter.com/WesMoss365 Join our Facebook community: https://www.facebook.com/wesmossmoney... Check out my website for more financial tools and articles: https://www.wesmoss.com Disclosure: This information is provided to you as a resource for informational purposes only. It is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal. This information is not intended to, and should not, form a primary basis for any investment decision that you may make. Always consult your own legal, tax or investment advisor before making any investment/tax/estate/financial planning considerations or decisions.
Views: 56086 Wes Moss Money Matters
Rather than making a prediction on where the Dow might close on December 31st, I’d like to review the macro themes that we believe will most profoundly impact the global economic picture. We expect these factors and emerging trends to dominate headlines and drive investment perspectives as the year unfolds. Read full article here: http://bit.ly/2Ax9Z66 Send me your questions directly at http://www.wesmoss.com (contact box in top right corner) ------------------------------------------------------------------------------ You Can Retire Sooner Than You Think (https://retiresoonerbook.com/) Free Workbook (http://bit.ly/2loBpGW) ------------------------------------------------------------------------------ Follow me on Twitter: https://twitter.com/WesMoss365 Join our Facebook community: https://www.facebook.com/wesmossmoney... Check out my website for more financial tools and articles: https://www.wesmoss.com Disclosure: This information is provided to you as a resource for informational purposes only. It is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal. This information is not intended to, and should not, form a primary basis for any investment decision that you may make. Always consult your own legal, tax or investment advisor before making any investment/tax/estate/financial planning considerations or decisions.
Views: 605 Wes Moss Money Matters
Dividend investing isn't as popular as it used to be. But investors looking for a low-risk investment strategy might want to pay more attention. You might remember the "Bank pays you dividend of $50" card from Monopoly, but what is a dividend? A dividend is a portion of a company's profits paid out to shareholders on a quarterly basis. As long as you own the stock you'll continue to get paid and over time these regular payments add up. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC #CNBC How Investing Works: Dividends
Views: 129294 CNBC
William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour. WILLIAM ACKMAN, Activist Investor and Hedge-Fund Manager We all want to be financially stable and enjoy a well-funded retirement, and we don't want to throw out our hard earned money on poor investments. But most of us don't know the first thing about finance and investing. Acclaimed value investor William Ackman teaches you what it takes to finance and grow a successful business and how to make sound investments that will get you to a cash-comfy retirement. The Floating University Originally released September 2011. Additional Lectures: Michio Kaku: The Universe in a Nutshell http://www.youtube.com/watch?v=0NbBjNiw4tk Joel Cohen: An Introduction to Demography (Malthus Miffed: Are People the Problem?) http://www.youtube.com/watch?v=2vr44C_G0-o Steven Pinker: Linguistics as a Window to Understanding the Brain http://www.youtube.com/watch?v=Q-B_ONJIEcE Leon Botstein: Art Now (Aesthetics Across Music, Painting, Architecture, Movies, and More.) http://www.youtube.com/watch?v=j6F-sHhmfrY Tamar Gendler: An Introduction to the Philosophy of Politics and Economics http://www.youtube.com/watch?v=mm8asJxdcds Nicholas Christakis: The Sociological Science Behind Social Networks and Social Influence http://www.youtube.com/watch?v=wadBvDPeE4E Paul Bloom: The Psychology of Everything: What Compassion, Racism, and Sex tell us about Human Nature http://www.youtube.com/watch?v=328wX2x_s5g Saul Levmore: Monopolies as an Introduction to Economics http://www.youtube.com/watch?v=FK2qHyF-8u8 Lawrence Summers: Decoding the DNA of Education in Search of Actual Knowledge http://www.youtube.com/watch?v=C6SY6N1iMcU Douglas Melton: Is Biomedical Research Really Close to Curing Anything? http://www.youtube.com/watch?v=Y95hT-koAC8
Views: 3256540 Big Think
We answer this week's question....How much time will it take to invest in tax sale properties on a weekly basis? ⬇️ Helpful Resources ⬇️ State Guide: Live: http://TaxSaleAcademy.com/state-guide Get your FREE copy of Tax Sale Playbook by going to: http://TaxSaleAcademy.com Want to learn How to Buy, Sell & Profit from Tax Defaulted Real Estate . . . Without Needing Lots of Experience, Money or a license? Signup for our on demand and completely FREE webclass at http://TaxSaleInvesting.com Ready to jump right and get the most comprehensive tax sale investing training available? Head to http://TaxSaleAcademy.com/join Listen to podcasts? Take us on the go at http://TaxSalePodcast.com ------------------------------ Let's Connect! http://CaseyDenman.com Connect on LinkedIn: http://www.linkedin.com/in/caseydenman/ Follow us on Facebook: http://Facebook.com/TheTaxSaleAcademy Follow Me on Instagram: http://Instagram.com/caseydenman
Views: 198 Tax Sale Academy
Ric Edelman has some strong arguments against the Roth IRA. Joe & Big Al, aka “The Roth Brothers,” offer their thoughts. Plus, understanding basis when it comes to Roth conversions. And what happens if you’ve already contributed, but by the end of the year you’ve exceeded the income limitation for Roth contributions? Can you open a Roth for your 12-year-old whose raking in the babysitting bucks? What happens to your Roth when you die? It's an all Roth IRA episode! Transcript & show notes: http://bit.ly/YMYW-212 :47 - What Do You Think of Ric Edelman’s Opinion on Roth IRAs? 14:36 - What Happens If My Income Exceeds the Roth IRA Contribution Limits After I've Already Contributed? 18:29 - How Does Basis Work for Roth Conversions? 24:22 - How to Factor Taxes Into Big Al's Quick Retirement Calculation Guide 27:23 - What Happens to Our Roth IRA When We Die? 29:47 - Can I Open a Roth IRA for My 12-Year-Old Daughter? If you would like to schedule a free assessment with one of our CFP® professionals, click here: https://purefinancial.com/lp/free-assessment/ Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” http://bit.ly/2FDSfK2 Channels & show times: http://yourmoneyyourwealth.com https://purefinancial.com IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
Views: 549 Pure Financial Advisors, Inc.
Steve Singleton from Kaplan Financial outlines how to approach capital gains tax questions in an Advanced Tax exam using previous exam questions as examples For more information about ACCA and to apply now go to: http://www.accaglobal.com
Views: 39508 ACCA
See the full blog post at: http://REtipster.com/landinvesting Vacant land is one of the most overlooked and underused real estate investments in the world. I’ve found that most real estate investors have some HUGE misconceptions about raw land as an investment. A lot of people have the erroneous notion that vacant land is a weak (or even pointless) investment opportunity because… - It doesn’t produce income. - It just sits there and nothing happens. - It’s boring. It’s an unfortunate misconception because the truth is – vacant land is capable of producing some serious cash flow and it’s one of the best investments in the world BECAUSE of its hands-off nature. I LOVE the fact that land just sits there and NOTHING HAPPENS. The simplicity and stability that comes with owning the right piece of land (purchased at the right price) can far outweigh the myriad of problems that come with owning any other type of real estate. If you’ve overlooked vacant land as an investment opportunity in the past, you need to take a few minutes and get educated about what land is all about. Here Are 10 Reasons You Should Be Investing In Land: 1) With Vacant Land, You Don’t Need to “do” Anything to the Property. 2) Raw Land is a “Hands-Off” Investment. 3) Statistically, Vacant Land Owners are Highly Motivated to Sell. 4) Raw Land Investors Have Virtually No Competition to Deal With. 5) Vacant Land Investors Call Their Own Shots. 6) When You Learn How to Research Properties Effectively, you can Buy and Sell Vacant Land Properties Without Ever Seeing Them In-Person. 7) Add Seller Financing to the Mix and You Can EXPLODE Your Income Potential. 8) Vacant Land is VERY Inexpensive to Own as a Long-Term Investment. 9) Raw Land Gives its Owner Peace of Mind. 10) They Aren’t Making Any More Of It. Land Investing Is A Huge Opportunity! This niche is without question, the most powerful strategy I’ve used to build my real estate investing career. I’ve bought and sold dozens of vacant land properties and generated a lot of passive income by selling them with Seller Financing. You can do it too and I'd love to show you how! Come check out the REtipster Club at http://REtipster.Club - and we'll take a deep dive into how this real estate investing strategy works. #retipster #sethwilliams #landinvesting #realestateinvesting #realestate
Views: 101957 REtipster
Emily Cowan, C.P.A., a Tax Consultant with Henssler Financial, explains how you can pay yourself as the owner of an S-Corp. Paying yourself a reasonable salary, withholding the proper FICA tax, and taking the proper distributions from the business are some of the most important steps to take. Fan and Follow Henssler Group -- Download the Henssler App Facebook: http://on.fb.me/14IxKoA Twitter: http://bit.ly/13rGJbI LinkedIn: http://linkd.in/17n8uTI YouTube: http://bit.ly/ehBglQ
Views: 56957 HensslerFinancial
दोस्तों नोट्स और Updates के लिए Telegram पर हमें JOIN करे । https://t.me/cafofficial INCOME TAX SLAB 2017-18 | Calculation Method Explained
Views: 1673590 Current Affairs Funda (Aptitude & LR )
This tutorial covers types of mutual funds in India with examples so that every beginner can understand it easily. Invest in Mutual Funds (Free): https://bit.ly/2UeSVwh What is Exchange Traded Fund? Link: https://youtu.be/JG3cyRqmLYI Picture Credits: Graphics: www.freepik.com Visit our website: www.FinnovationZ.com Facebook: www.facebook.com/finnovationz Instagram: www.instagram.com/finnovationzindia Twiiter: www.twitter.com/finnovationz555 Telegram Group:-https://t.me/finnovationz
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Views: 44108 Pacific Northwest Tax School
Some cash flows relating to investing or financing activities are classified as operating activities. For example, receipts of investment income (interest and dividends) and payments of interest to lenders are classified as operating activities. Conversely, some cash flows relating to operating activities are classified as investing or financing activities. For example, the cash received from the sale of property, plant, and equipment at a gain, although reported in the income statement, is classified as an investing activity, and the effect of the related gain is not included in net cash flow from operating activities. Likewise a gain or loss on the payment of debt is generally part of the cash outflow related to the repayment of the principal amount borrowed and, therefore, is a financing activity. Preparing the Statement of Cash Flows 8. (L.O. 2) The information used to prepare the statement of cash flows generally comes from three major sources: (a) comparative balance sheets, (b) the current income statement, and (c) selected transaction data. Actual preparation of the statement of cash flows involves three steps: a. Determine the change in cash. The difference between the beginning and ending cash balance can be easily computed from an examination of the comparative balance sheets. b. Determine the net cash flow from operating activities. This procedure involves analyzing not only the current year’s income statement, but also comparative balance sheets, as well as selected transaction data. c. Determine the net cash flows from investing and financing activities. All other changes in the balance sheet accounts must be analyzed to determine their effect on cash. 9. To compute net cash flows from operating activities. It is necessary to report revenues and expenses on a cash basis. This is done by eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash. The conversion of accrual-based net income to net cash flow from operating activities may be done through either the direct method or the indirect method. Indirect Method 10. While the FASB encourages the use of the direct method when preparing the statement of cash flows, use of the indirect method is also permitted. However, if the direct method is used the FASB requires that a reconciliation of net income to net cash flow from operating activities shall be provided in a separate schedule. Therefore, under either method, the indirect (reconciliation) approach must be presented. The text book includes comprehensive illustrations which provide a detailed explanation of the preparation and presentation of the statement of cash flows. 11. When non-cash current asset accounts increase and non-cash current liability accounts decrease, the change is subtracted from net income. When non-cash current asset accounts decrease, and non-cash current liability accounts increase, the change is subtracted from net income. Non-cash items such as depreciation, amortization, and losses are added to net income, while gains are subtracted. 12. The schedule shown below presents the common types of adjustments that are made to net income to arrive at net cash flow provided by operating activities under the indirect method. Additions to Net Income Depreciation expense. Amortization of intangibles and deferred charges. Amortization of bond discount. Increase in deferred income tax liability. Loss on investment in common stock using equity method. Loss on sale of plant assets. Loss on impairment of assets. Decrease in receivables. Decrease in inventories. Decrease in prepaid expenses. Increase in accounts payable. Increase in accrued liabilities. Deductions from Net Income Amortization of bond premium. Decrease in deferred income tax liability. Income on investment in common stock using equity method. Gain on sale of plant assets. Increase in receivables. Increase in inventories. Increase in prepaid expenses. Decrease in accounts payable. Decrease in accrued liabilities. Investing and Financing Activities 13. Investing activities include the analysis of all long-term asset accounts to determine any cash flow effects. The following are common investing cash flow effects, though non-cash effects may possibly cause the same effects in the long-term asset accounts. a. A purchase of land will appear as an increase in the land account and will appear as an investing cash outflow. operating, investing, financing, operating activities, financing activities, investing activities, cash flows statement, statement of cash flow, financial statement, cash inflow, cash outflow, net cash used, net cash provided, non cash activities, direct method of cash flow, indirect method of cash flow, cash flow to total assets,
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