Alternative minimum tax

iShares® iBonds Dec 2022 Term Muni Bond ETF Nears Final Distribution Date

Retrieved on: 
Friday, September 30, 2022
Other Professional Services, Asset Management, Professional Services, Finance, Income, BlackRock, IBond, IShares, Risk, NYSE, LLC, Funding, NAV, ETF, Investment, AMT, Risk management, Alternative minimum tax, Research, Prospectus, Tax, Security (finance), Life insurance, Financial adviser, Fund

BlackRock announced today the planned termination of the iShares iBonds Dec 2022 Term Muni Bond ETF (NYSE: IBMK ).

Key Points: 
  • BlackRock announced today the planned termination of the iShares iBonds Dec 2022 Term Muni Bond ETF (NYSE: IBMK ).
  • IBMKs last day of trading and final NAV calculation date will be Thursday, December 1, 2022.
  • Leading up to the ETFs final distribution date, the bonds held by iBonds ETFs mature, and the ETF transitions into short-term, tax-exempt instruments and cash.
  • iShares iBonds ETFs can help market participants to build bond ladders and manage interest rate risk in rising rate environments.

Schwab Asset Management Reduces Fees on 10 Funds

Retrieved on: 
Tuesday, June 21, 2022
Professional Services, Business, Finance, Asset Management, Consulting, Banking, Investment, Trustee, Industry, Board of directors, Tax, Person, DBA, NAV, Compliance, Prospectus, SIDCO, ETF, Ownership, AMT, Charles Schwab Corporation, History, Board, International, Income, Goal, Alternative minimum tax, Risk, Financial adviser, Life insurance, Security (finance), Schwab

One of the industrys largest and most experienced asset managers, Schwab Asset Management offers a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors.

Key Points: 
  • One of the industrys largest and most experienced asset managers, Schwab Asset Management offers a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors.
  • As of March 31, 2022, Schwab Asset Management managed approximately $623.1 billion on a discretionary basis and $35.5 billion on a non-discretionary basis.
  • Schwab Asset Management is the dba name for Charles Schwab Investment Management, Inc., the investment adviser for Schwab Funds and Schwab ETFs.
  • Schwab Asset Management and Schwab are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation and not affiliated with SIDCO.

Schwab Expands Its Fixed Income Offering With the Launch of Five Wasmer Schroeder™ Strategies

Retrieved on: 
Thursday, November 18, 2021
Consulting, Banking, Professional Services, Finance, SAMS, Connection, AMT, Environment, Industry, Charles Schwab Corporation, Acquisition, Alternative minimum tax, Income, ESG, Leadership, MITX, History, Goal, CSIM, DBA, Risk, Product management, Collection, Intermediate, Knowledge, Étienne Wasmer, Person, Investment, ETF, Financial adviser, Risk management, Renewable energy, Schwab Asset Management, Charles Schwab, SCHWAB ASSET MANAGEMENT, CHARLES SCHWAB

Schwab Asset Management, the asset management arm of The Charles Schwab Corporation, today announced the expansion of its suite of fixed income separately managed account strategies available to Charles Schwab & Co., Inc. (Schwab) clients with five Wasmer Schroeder Strategies, including two positive impact strategies.

Key Points: 
  • Schwab Asset Management, the asset management arm of The Charles Schwab Corporation, today announced the expansion of its suite of fixed income separately managed account strategies available to Charles Schwab & Co., Inc. (Schwab) clients with five Wasmer Schroeder Strategies, including two positive impact strategies.
  • Schwab acquired Wasmer Schroeders comprehensive lineup of tax exempt and taxable strategies and brought on its deeply experienced investment team in July 2020 .
  • The launch of additional strategies delivers on Schwabs objective of providing clients with more fixed income choices and compelling value through the Wasmer Schroeder acquisition.
  • The Wasmer Schroeder Strategies now available to Schwab clients include a total of 25 strategies, including nine actively managed strategies, two positive impact strategies, two ultra-short strategies, and a series of 12 bond ladders.

Certain DWS Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Friday, July 9, 2021
Professional services, Finance, Tax, Money, Finance, Income tax in the United States, Income tax, Alternative minimum tax, Legal entities, State taxation in the United States, International taxation, Taxation in the United States, Corporate tax in the United States

Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.

Key Points: 
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Closed-end funds, unlike open-end funds, are not continuously offered.
  • The price of a funds shares is determined by a number of factors, several of which are beyond the control of the fund.

Certain DWS Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Tuesday, June 8, 2021
Banking, Professional services, Finance, Tax, Money, Finance, Income tax in the United States, Income tax, Alternative minimum tax, Legal entities, State taxation in the United States, International taxation, Taxation in the United States, Corporate tax in the United States

Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.

Key Points: 
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Closed-end funds, unlike open-end funds, are not continuously offered.
  • The price of a funds shares is determined by a number of factors, several of which are beyond the control of the fund.

Certain DWS Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Tuesday, April 6, 2021
Banking, Professional services, Finance, Tax, Economy, Money, Income tax in the United States, Income tax, Alternative minimum tax, Taxation in Canada, Taxation in Australia, Legal entities, State taxation in the United States, International taxation, Taxation in the United States

Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.

Key Points: 
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Closed-end funds, unlike open-end funds, are not continuously offered.
  • The price of a funds shares is determined by a number of factors, several of which are beyond the control of the fund.

MEDIA ALERT: IRS issues guidance on unemployment benefits exclusion

Retrieved on: 
Wednesday, March 31, 2021
Consulting, Accounting, Professional services, Finance, Tax, Taxation in the United States, Revenue services, Internal Revenue Service, Tax investigation, Unemployment, Alternative minimum tax, Income tax in the United States

Wolters Kluwer Tax & Accounting:

Key Points: 
  • Wolters Kluwer Tax & Accounting:
    What: The American Rescue Plan Act of 2021 provided for an exclusion of up to $10,200 for unemployment benefits paid to taxpayers in 2020.
  • Normally, unemployment benefits are fully taxable and the exclusion is only available to taxpayers with modified adjusted gross incomes of less than $150,000.
  • Given these circumstances, the IRS has now issued guidance addressing both what taxpayers who have already filed should do to report their unemployment benefits and how taxpayers who have yet to file their tax return should report the exclusion.
  • Why: Issuing this guidance should help alleviate the need for the millions of taxpayers who have already filed their 2020 tax returns to file amended returns to claim their unemployment benefits exclusion.

Ninepoint Partners Announces Second and Final Closing of Ninepoint 2021 Flow-Through Limited Partnership

Retrieved on: 
Wednesday, March 17, 2021
Alternative minimum tax, Tax deduction, Tax, Taxation in Canada, Taxation in Australia

Disposition proceeds were equal to the net asset value per unit of each partnership as at the date of the rollover on February 5, 2021; III.

Key Points: 
  • Disposition proceeds were equal to the net asset value per unit of each partnership as at the date of the rollover on February 5, 2021; III.
  • The Limited Partner is not liable for alternative minimum tax; and IV.
  • Ninepoint anticipates that investors participating in the Partnership will be eligible to receive a tax deduction of approximately 100% of the amount invested.
  • The Partnership will be sub-advised by Sprott Asset Management LP (Sprott), one of Canadas leading investment advisors in small and mid-cap resource companies.

Unable to Pay Your Taxes? MoneyRates Shows the Routes to Take

Retrieved on: 
Tuesday, March 16, 2021
Tax, Money, Taxation in the United States, Finance, Loans, Internal Revenue Service, Tax investigation, Unsecured debt, Taxpayer, Credit card, Alternative minimum tax

Pay as much as possible during the interest-free period, which is usually six to 24 months.

Key Points: 
  • Pay as much as possible during the interest-free period, which is usually six to 24 months.
  • For those with good-to-excellent credit, MoneyRates explains that taxpayers may be able to get a better interest rate from a personal loan.
  • "Using a rewards card to pay the IRS can rack up travel miles and then taxpayers could pay off the card with a lower-interest personal loan.
  • Since 1998, MoneyRates has served as a personal finance resource designed to help readers make the most of their money.

Certain DWS Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Tuesday, March 9, 2021
Banking, Professional services, Finance, Tax, Economy, Money, Income tax in the United States, Income tax, Alternative minimum tax, Taxation in Canada, Taxation in Australia, Legal entities, State taxation in the United States, International taxation, Taxation in the United States

Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.

Key Points: 
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Closed-end funds, unlike open-end funds, are not continuously offered.
  • The price of a funds shares is determined by a number of factors, several of which are beyond the control of the fund.