Podcasts about deductibility

Recently, Bruce shared a story that perfectly illustrates unexpected life challenges—his basement flooded, turning a peaceful Easter weekend into an emergency cleanup session. Just as unexpected problems can flood your home, unanswered financial questions can flood your business strategy, especially questions like: "Can you deduct life insurance premiums?" https://www.youtube.com/live/crKKtLvZ44k Tax questions, much like sudden home repairs, can disrupt your carefully planned financial landscape. Whether it's water damage or unclear tax regulations, not addressing the problem can lead to costly mistakes down the road. Today, Bruce and I aim to clear up one of these significant financial uncertainties for business owners. Why Understanding Life Insurance Deductions MattersUnderstanding the Deductibility of Life Insurance PremiumsCan You Deduct Life Insurance PremiumsThe Supreme Court's Stance and Its ImplicationsStrategic Ways to Indirectly Deduct PremiumsAvoiding Short-Term Tax MistakesContracts vs. Accounts: Ensuring Long-Term CertaintyNavigating Complexity with Professional HelpThe Strategic Power of Life Insurance PremiumsBook A Strategy Call Why Understanding Life Insurance Deductions Matters The question "Can you deduct life insurance premiums?" isn't just a minor tax issue—it's central to building an efficient, effective, and robust financial strategy. Life insurance policies are powerful financial tools that, when used correctly, can significantly enhance your financial well-being. However, misunderstandings about their tax implications can lead to missed opportunities or even costly errors. In this detailed article, you'll gain clarity regarding the question "Can you deduct life insurance premiums?", the rationale behind IRS rulings, practical and legitimate strategies to indirectly achieve similar benefits, and the pitfalls to avoid in your quest for tax efficiency. By mastering these concepts, you'll be well-equipped to incorporate life insurance intelligently into your broader financial planning strategy. Understanding the Deductibility of Life Insurance Premiums Can You Deduct Life Insurance Premiums Bruce frequently encounters confusion among business owners about deducting life insurance premiums. Let's clear this up immediately: in most cases, you cannot directly deduct life insurance premiums from your taxes if the business owner benefits directly from the policy. The IRS views this scenario as lacking genuine "economic substance," as the policyholder ultimately recoups these premiums through a tax-free death benefit, meaning there's no real economic loss to justify a deduction. The Supreme Court's Stance and Its Implications Bruce highlighted a crucial Supreme Court ruling that set clear boundaries for tax deductions related to life insurance. This landmark decision explicitly stated that deducting premiums or interest on life insurance loans is generally not permissible when the insured party directly benefits. The reasoning is straightforward: since you or your estate will eventually receive these premiums back in the form of a tax-free death benefit, the premiums do not represent an actual financial loss or expense that justifies a tax deduction. Understanding this ruling can save you from potentially costly mistakes and help you align your tax strategies with IRS expectations. Strategic Ways to Indirectly Deduct Premiums Despite the restrictions, Bruce and I discussed legitimate and strategic methods to effectively reduce taxable income and indirectly finance life insurance premiums: Employing Family Members: Bruce pays his father for legitimate business-related marketing tasks. As his father falls into a lower tax bracket, this transaction reduces Bruce's taxable income and generates additional cash flow, indirectly supporting life insurance premium payments. Paying Your Children: Another powerful strategy is employing your children within your bus...

https://vimeo.com/1083016328?share=copy#t=0 https://www.currentfederaltaxdevelopments.com/podcasts/2025/5/9/2025-05-12-taxpayer-fails-to-qualify-for-deduction-for-dod-ordered-move This week we look at: Deductibility of IVF and Gestational Surrogacy Costs Fraudulent Tax Claims & 28 U.S.C. § 2514 Tax Collection Suits & Statute of Limitations in United States v. Ragen Moving Expense Deduction - Civilian Department of Defense Contractor Eligibility Tax Court Jurisdiction - The 90-Day Deadline for Deficiency Petitions  

This week we look at: Deductibility of IVF and Gestational Surrogacy Costs Fraudulent Tax Claims & 28 U.S.C. § 2514 Tax Collection Suits & Statute of Limitations in United States v. Ragen Moving Expense Deduction - Civilian Department of Defense Contractor Eligibility Tax Court Jurisdiction - The 90-Day Deadline for Deficiency Petitions

https://vimeo.com/1057256987?share=copy#t=0 https://www.currentfederaltaxdevelopments.com/podcasts/2025/2/16/2025-02-17-a-week-of-lost-losses This week we look at: Deductibility of Losses: Weston v. Commissioner Conservation Easements: Green Valley Investors LLC Automobile Depreciation and Lease Inclusion S Corporation Inadvertent Termination Relief Corporate Transparency Act (CTA) - Government Briefs House Ways & Means Committee Tax Bills

This week we look at: Deductibility of Losses: Weston v. Commissioner Conservation Easements: Green Valley Investors LLC Automobile Depreciation and Lease Inclusion S Corporation Inadvertent Termination Relief Corporate Transparency Act (CTA) - Government Briefs House Ways & Means Committee Tax Bills

Craig Day and special guest Tony Negline discuss Tax Determination TD 2024/7, which updates the ATO's view on what part of the cost of advice provided by a financial adviser to an individual client, can be claimed as a tax deduction. It is important to note this Tax Determination discusses the deductibility of advice fees paid directly by individuals who are not carrying on a business, it does not cover the tax treatment of advice fees deducted from a client's superannuation account. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The ifa Show, host Keith Ford is joined by Conrad Travers, director and principal consultant at Tangelo Advice Consulting, to discuss the ATO's final determination on tax deductibility of advice fees and how advice firms can put the changes into practice to benefit their clients. Travers explains how the new guidance works, what has changed from the draft determination that was released last year, and why it is important to work alongside accounting professionals to ensure the best outcomes for clients. Listen as they discuss: Why advice firms need to identify areas of friction in their processes to enhance their operational efficiency. How to get your practice ready for the changes coming out of the first Delivering Better Financial Outcomes (DBFO) legislation. What to expect from the second tranche of DBFO and why you shouldn't rely on regulatory change to improve your practice.

Join Tanja Velling, co-host of our Tax News podcast and Tax Partners, Dominic Robertson and Charles Osborne, as they discuss the unallowable purpose rule, one of the UK's restrictions on companies deducting interest when calculating profits subject to corporation tax. This episode dives into: How this rule disallows interest deductions where a company's borrowing is for a main tax avoidance purpose; and recent Court of Appeal decisions on what constitutes a main tax avoidance purpose and what this means for taxpayers, particularly in an M&A context.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Fort Collins real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Jacksonville real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the McAllen real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Milwaukee real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Las Vegas real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Kenosha real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Denver real estate investor podcast? Book a free consultation to discuss.

In this episode, we discuss how much less tax property investors will pay once the interest deductibility rules change. This includes looking at different situations to see who will pay a lot less tax, who will pay a bit less tax, and who nothing will change for. And we also mention our upcoming webinar ⁠⁠⁠Property Investment Webinar: NZ Tax Edition⁠⁠⁠ happening on Tuesday 16th April at 7pm.

In this episode, we discuss National's new interest deductibility rules. This is your definitive guide to the rules, what they are and what they mean. There have been lots of proposals for what the rules should be. So some property investors are confused about what the rules actually are. Here, Ed and Andrew lay down the law and share what the final rules are.

This week, clarity about the application of the 39% trustee rate and the timeline restoring interest deductibility for residential investment. Inland Revenue does not consider removal of commercial buildings depreciation "to be a fair and efficient way of raising revenue". New 12% online Gaming Duty still leaves $500 million gap in the Government's tax package.

In this episode, we discuss the recently announced interest deductibility tax rules. We're going back to the old rules. Property investors will be treated like every other business and will pay less tax. Interest will be deductible again, some property investor's cashflows will change. But not all property investors will feel the full extend of the change. We dig through the data on who will and won't see a big difference from the changing tax rules.

The Government has announced it will restore deductibility for mortgage interest on residential investment properties.  But it is not as much tax relief for these property investors as National promised Act in the parties' coalition agreement.   So, what's changed? And does that mean other policies in their agreement are also up for renegotiation?   And, is this government prioritising landlords over renters - a group that's a growing part of the population.   Today on The Front Page, New Zealand Herald deputy political editor Thomas Coughlan joins us to discuss whether this is a political win for the Government.  Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Georgina CampbellSound Engineer: Paddy FoxProducer: Ethan SillsSee omnystudio.com/listener for privacy information.

Property investors are set to benefit from changes to interest deductibility rules, which will kick in at the end of this month. The Government is reversing changes that were implemented under the previous regime, which meant interest costs could no longer be considered an expense come tax return time. What might that mean for prospective investors, and with less headwinds will the housing market take off again?

The Government's interest deductibility plan is a compromise that reflects the current fiscal situation according to the Prime Minister.   Residential property investors are receiving less tax relief than National promised ACT in the coalition agreement, the interest limitation rule being phased out next financial year instead of this.   Luxon says this change is the mark of a “grown-up Government”.  The change, Luxon told Mike Hosking, was a result of inheriting an economy that was frankly, not in great shape.  He said that they want to do right by New Zealand and its people each and every time, and it means there's a slight change from the policies each party went to the election with.  But he thinks they've got to a good place.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Government is set to re-introduce interest deductibility for landlords this April. They'll also be able to claim 80 percent of interest expenses from next month, and 100 percent from April 2025. ZB senior political correspondent Barry Soper says time will tell as to whether these proposed changes will benefit renters as well. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Chloe Swarbrick became Green Party co-leader and joins us LIVE at 9pm to talk about the co-leadership position and the future of the left in NZ Chris Bishop was on Q&A in the weekend where he told Jack Tame that tenants of emergency housing may not be allowed to continue on with that housing if they don't respect the space, and they'd have to go and live with friends and family...but if they had space with friends and family they wouldn't have gotten emergency housing in the first place. The NACTNZ government has reinstated interest deductibility for landlords and are now going around telling fairy tales that the landlords will pass the benefit of that onto tenants. Some other topics from the weekend we may also touch on Jacinda Ardern documentary Barbara Edmonds on Q&A Melissa Lee's plan to help NZ's struggling media industry (we may carry this one over to Tuesday) ================================================ Come support the work we're doing by becoming a Patron of ⁠⁠#BHN⁠⁠ www.patreon.com/BigHairyNews⁠ Merch available at www.BHNShop.nz Like us on Facebook www.facebook.com/BigHairyNews Follow us on Twitter. @patbrittenden @Chewie_NZ

Confirmation over the weekend of the reinstatement of interest deductibility for property investors is the key feature for today's podcast. It was a busy Sunday and Monday morning for Kelvin especially, as journos scramble to cover the Government release. Details were as expected but the focus was on the potential implications? What could it mean for rental supply, rental prices and even new build commitments? Nick and Kelvin work through it all to get your week started.Outside of that, there's the fourth annual Women & Property report to cover and the latest RBNZ stats on the terms selected by mortgage borrowers recently. Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

Opposition to religious charter schools in US. Productivity commission should recommend ending  tax deductibility for private school donations. Schools funding and reforms panel- 5 key takeaways. Safety, fairness and privacy in AI. US- propaganda VS factsNo DOGS program on the 20th due to special broadcast of Tunnerminnerwait and Maulbouyheener Memorial on 3CRGreat State School of the week- Bright P-12 Collegewww.adogs.info

Every fortnight one of Wellington's biggest landlords Matt Ryan joins Nick Mills to talk all things property. This week he discusses how the market will and has changed under Christopher Luxon's Government, the biggest loss of any sale in the third quarter, and water meters being put on the back burner by the Wellington City Council. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

As we highlight the importance of Environmental, Social, and Governance (ESG) goals, we consider the tax deductibility of related expenses. In this podcast, Cor Kraamwinkel, Candice Meyer and Margaret Vermaak highlight how ESG extends its impact from global sustainability goals to individual companies and individuals in South Africa. They explore three areas where ESG considerations influence taxation: transparency and disclosure, ethical tax contributions, and the tax treatment of ESG expenditure. They also emphasise that there is no dedicated section in the Income Tax Act for ESG; instead, general principles and case-specific analysis apply to determine the deductibility of such expenses. Guests: Cor Kraamwinkel, partner Webber Wentzel Tax, Candice Meyer, partner Webber Wentzel Corporate and Margaret Vermaak, senior associate Webber Wentzel Tax

Ever pondered if those trips to the supermarket could be a business expense? Being an entrepreneur, I recognize the importance of good nutrition for peak performance.   Shouldn't that make my grocery runs deductible? I'll delve into this query and explore some scenarios where your groceries might just be deductible.   What you'll hear in this episode: [1:28] Exploring the criteria for deductible items [2:12] Delving into instances when groceries could be tax-deductible [4:30] Deductibility of groceries bought for others [5:21] Other sections in your tax return where grocery deductions might apply [6:47] Could groceries be classified as a medical expense?   * Related episodes: Should You Pay Quarterly Tax Estimates? Positioning Yourself Well for a Tax Strategist with Grant Dougherty How Do I Know if I Need to Collect and Pay Sales Tax?   Tactical Resources: 5-Day Financial Mindset Refresh: https://www.keepwhatyouearn.com/refresh Create a Custom Podcast Playlist: https://quiz.tryinteract.com/#/6303d4c525b1e80018d47cfa Grow Cash Flow for Your Business: https://www.keepwhatyouearn.com/endless-cash Tax Deduction Guide: https://www.keepwhatyouearn.com/tax-deduction-guide CFO Power Session: https://www.keepwhatyouearn.com/power-session-inquiry See how much you can save with an S Corp: https://www.keepwhatyouearn.com/keep-what-you-earn-s-corp-calculator   Additional Resources: Find everything you need at https://www.keepwhatyouearn.com Questions about this episode? Text me!: https://my.community.com/shannonweinsteincpa Hire us: https://www.fitnancialsolutions.com/accounting Find me on IG https://www.instagram.com/shannonkweinstein/ Meet me face-to-face on YouTube: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ     The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Do you need a property accountant? Probably - With guest speaker Anthony Appleton-Tattersall, my accountant. Property tax is becoming alot more complex with all the changes, so whether you think having a property accountant is worthwhile depends on a few things. And in this episode, I speak with my accountant on a few of those topics, including - Capital Gains Tax - Brightline - Trusts (do these really save you tax?) - Interest Deductibility changes And much more.. If you want to reach out to ask Anthony a question his email is anthony@aataccounting.co.nz

This week we're covering certain costs for nutrition and general health that may be deducted as medical expenses, as well as costs incurred by taxpayers who travel abroad for medical treatment.

We're coming up to the end of the financial year, which doesn't mean much for most wage and salary earners these days, but it will mean something to many property investors, who will see the next step down in the phase-out of interest cost deductibility.   Those who aren't exempt (only those who bought a new build after the end of March 2021 are exempt) will see deductibility drop from 75% to 50% - which means they may end up paying tax on a profit they're not making.   While I know few have sympathy for property investors, many of them are just average people who have bought a property to help fund their retirement and the rules have changed.   If you layer in higher interest costs, it should prompt a re-think about whether they should continue to own that property, and if not that property, how else should they fund their retirement gap.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

In this episode I'm talking about tax traps relating to property ownership and the deductibility of interest.www.structuring.com.au

In this episode, we recap the government's new interest deductibility rules that have some property investors paying tax as if they don't have a mortgage … even though they still have a mortgage to pay. This includes looking at how investors can adapt their properties to make them 'New Builds' under the new tax rules, which come with significant tax benefits. We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.

In this episode, you'll learn what's involved in the government's new interest deductibility law, and what property types are “exempt” and “not exempt”. You'll also learn what the changes to your tax bill will be and how this long-discussed tax law is likely to impact you as a property investor. And click here to see all the charts and other info in the written article on the Opes website.

Qualified Retirement Plans Chaos For High Earning Business Owners!It is very common for an employer to think in terms of a qualified retirement program when they think of saving money for their retirement.  The idea to have one seems to make sense.  Deductibility, tax deferred, business cash flow, and growth.  Also, the accountant will normally jump on this idea, because it is another tax deduction.  However, for the high income business owner, the qualified retirement plan can create chaos in retirement for the business owner for a number of reasons discussed in this podcast.  Thomas J. Perrone, CLU,CIC, Pres.  New England Consulting Group of Guilford, Inc. tperrone@necggginc.com203 530 6615www.yourbusinessworth.comWebsite:  www.bpbpgrp.com 

In this episode, we discuss whether interest deductibility will be repealed or not if and when National gets in. This comes off the back of the national property investors conference in Palmerston North, where National Party housing spokesman, Chris Bishop gave a speech. Ultimately this allows property investors to make a decision about how they should consider interest deductibility when making their investment decisions.

In Episode 71, we started the conversation on work vehicles and tax deductibility. This week, we're diving deeper into the most common questions and misconceptions, including what happens when your practice of buying a new vehicle each year to save on taxes catches up with you. Topics we cover in this episode include:Should you buy a new company vehicle every year - and if you do, can you write it off? The pros and cons of accelerated depreciationPlaying deferral games with incomeUsing your vehicle for advertisingLINKS Visit the episode page at https://contractorsuccessforum.com/vehicles2 for more details and a transcript of the show.Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/contractor-success-forumFIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.com

In Episode 71, we started the conversation on work vehicles and tax deductibility. This week, we're diving deeper into the most common questions and misconceptions, including what happens when your practice of buying a new vehicle each year to save on taxes catches up with you. Topics we cover in this episode include:Should you buy a new company vehicle every year - and if you do, can you write it off? The pros and cons of accelerated depreciationPlaying deferral games with incomeUsing your vehicle for advertisingLINKS Visit the episode page at https://contractorsuccessforum.com/vehicles2 for more details and a transcript of the show.Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/contractor-success-forumFIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.com

The topic of leasing vs. buying vehicles for your business is a hot one - especially in our current environment with costs higher than ever. This week, we're discussing the pros and cons of both options, specifically when it comes to tax deductibility. Topics we cover in this episode include:Leasing vs. buying a vehicleLease value inclusionCapital lease vs. operating leaseSales tax considerations168(k) bonus deprecationPercentage of business use, commuting, and tax homeHave a written policy regarding personal use of company vehiclesDepreciation recapture and when it comes back to bite youLINKSVisit the episode page at https://contractorsuccessforum.com/vehicles for more details and a transcript of the show.Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/contractor-success-forumFIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.com

The topic of leasing vs. buying vehicles for your business is a hot one - especially in our current environment with costs higher than ever. This week, we're discussing the pros and cons of both options, specifically when it comes to tax deductibility. Topics we cover in this episode include:Leasing vs. buying a vehicleLease value inclusionCapital lease vs. operating leaseSales tax considerations168(k) bonus deprecationPercentage of business use, commuting, and tax homeHave a written policy regarding personal use of company vehiclesDepreciation recapture and when it comes back to bite youLINKSVisit the episode page at https://contractorsuccessforum.com/vehicles for more details and a transcript of the show.Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/contractor-success-forumFIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.com

In this episode, we discuss the history of deductibility of executive compensation and highlight academic evidence on the ability of tax policy to influence executive compensation.

Since interest deductibility is being phased out, most Kiwi investors have paid little attention to how this will affect them and haven't considered how much of an impact this is going to have on their cashflow. Now, a year later, people are starting to feel the bite, so it's a good time to bring up a case study on the changes. Hosted on Acast. See acast.com/privacy for more information.

In this episode, we discuss the new interest deductibility tax rules and what this means for property investors. We go through which parts of the initial discussions and proposals are in and which are out, and the opportunities available for investors. We also mention that you can read the IRD's special report on interest deductibility by clicking the link. And you can register for our upcoming property investment webinar on Tuesday May 10th, by clicking the link to register.

Welcome to the daily nugget, daily property insights across New Zealand, 7 days a week. 1 question, 20 minutes or less. Today's topic: we discuss what New Zealand property investors need to know about the government's latest tax announcements. Hosted by Lawrence Lotze and joined by Matt Harris. For any details around Matt please head over to his website: https://lighthousefinancial.co.nz/

In this weeks episode of Cheques & Balances special guest Matthew Harris, joins James Blair and Michael Vincent as they discuss the recent housing policy changes, the proposed debt to income ratios, and interest deductibility.Do you know what constitutes a new build under the recently proposed housing policy changes? What does the proposed debt to income ratios mean for property investors? Avid property investor, tax expert, and Lighthouse Fnancial Services Managing Director Matthew Harris talks us through some of these hot topics. The content in this podcast are the opinions of the hosts. It should not be treated as financial advice. It is important you take into consideration your own personal situation and goals before making any financial decisions. Hosted on Acast. See acast.com/privacy for more information.

In todays episode of lawyer up we talk discuss the 4 new major changes to the PPP program --- Support this podcast: https://anchor.fm/josh-roberts36/support

Matt Harris is the director at Lighthouse Financial Services and is a property tax specialist. We discuss the new Labour housing policy and the affects it will have on property, property investing within New Zealand. Listen to the following key topics, Labour's Housing Policy, Interest Deductibility Removed, Bright Line Test, Property Investment NZ and property tax changes NZ

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