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With yields on government bonds and treasury bills now lower, these companies expect to shore up their earnings by investing in stocks. However, sustained profitability of insurance firms is also ensured by accelerated sales of insurance policies,
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There's something about investment return as far as state general insurers are concerned. With gains round the corner, this looks to be their best possible bet to make up for their underwriting losses. And less discounting of premiums and offloading
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Well probably. From what I can glean of the fiscal cliff negotiations, the 3.8% tax is not in play. It is certain enough for me to have invested the time into reading the 145 pages of new regulations and have a long talk with my friend Lucien
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There are few certainties for year-end tax planning this year, but if you're a wealthy investor there is one sure thing the new Medicare tax, slated to begin in 2013. Part of the 2010 health care reform law, it is a 3.8 percent tax on investment
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Plus, the new 3.8% Medicare surtax on investment income collected by higher-income individuals is scheduled to take effect next year. The combined tax-hiking impact of these two events has been dubbed Taxmageddon. And if you flip real estate or own
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It's a tax that punishes people that have been diligent over the years and did the right thing, says Certified Public Accountant Bob Keebler on the Medicare surtax that kicks in on Jan.1. As I wrote last week , the additional 3.8% tax is part of the
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Our children, ages 15, 17 and 22, just inherited a substantial amount of money from their grandmother. They will be receiving a significant amount of investment income through their respective trusts...A: A number of years ago, Congress limited the
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Raghvendra Nath, Managing Director, Ladderup Wealth Management A penny saved is a penny earned. Nothing can be truer than this when it comes to smart investing through better tax planning. Many investors look at only the gross returns while
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NIB blamed a slump in investment income for a 2 per cent fall in its first half net profit...Announcing a 2 per cent fall in first half net profit after a rise in revenue from its insurance premiums failed to offset a slump in investment income, Mr
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British Columbia drivers can expect to pay an average of $30 more for auto insurance next year to offset rapidly rising body-injury claims and declining income from the Insurance Corp. of B.C.'s investments, corporation CEO John Schubert said Tuesday.
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