News

Starting your working career with a steady salary is an exciting milestone – both for you and the Tax Man. As the South ...
With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the retirement process.
Private capital investment in infrastructure could be a more efficient and effective alternative to government funding, ...
Fact: Federal employees will need to make some decisions about survivor’s benefits on their retirement application. The pension is the main place where retirees need to consider their options along ...
A new white paper identifies when a VA with lifetime income benefits can offer the greatest relative value to a retiree. Wade Pfau, professor of practice at The American College, wrote the paper ...
Also, 100% ESOP-owned firms operating as S corporations can reap an exemption in perpetuity from federal and most state income taxes. “Those are benefits for the selling partners today, but also ...
High-earning parents will soon be spared the hassle of filing a tax return to pay back child benefit. We explain what’s changing and how the high income child benefit charge (HICBC) works ...
As shown in the chart, Sally addresses her inflation risk through a laddering of QLAC income, which grows from $14,000 at 75 to $37,000 at 85.
Net Income Per Employee = Net Income / Number of Employees Net Income Per Employee = 10,000,000 / 500 = 20,000 So, Net Income Per Employee for Company ABC is $20,000.
An employee with an income of Rs 25 lakh will get a tax benefit of Rs 1,10,000, resulting in an effective tax rate of 13.2%. An employee earning Rs 50 lakh will also receive a tax benefit of Rs 1 ...