Tax Umbrella

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Dictionary Says

Definition of 'Tax Umbrella'

The use by a company of the losses it sustained in previous years to offset taxes on the profits it achieves in future years. Individuals can also use a tax umbrella so that their investment losses in previous years offset their investment gains in future years. A tax umbrella takes advantage of a tax law provision to reduce tax liability.
Investopedia Says

Investopedia explains 'Tax Umbrella'

Businesses and individuals are limited in how much of a loss they can use to offset taxes in any given year. Any loss that is left over can be used to offset taxes on gains in future years. A tax umbrella is also known as a tax loss carryforward.
Search results for

'Tax Umbrella'

  • RRSPs: Investment Eligibility | Investopedia

    http://www.investopedia.com/university/rrsp/rrsp5.asp
    The government doesn't let every investment sit under the tax-sheltered,
    tax-deferred umbrella of an RRSP. Sign In• Register• Free ...

  • LTC Insurance: The Umbrella Every Boomer Needs - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1109/LTC-Insurance-The-Umbrella-Every-Boomer-Needs.aspx
    ... Without an LTC umbrella, a nursing home stay or another long-term care event could ...
    the cost of long-term care, you'll probably face some hefty tax consequences ...

  • Be A One-Stop Shop For Your Clients

    http://www.investopedia.com/articles/financialcareers/07/multi-service.asp
    ... with higher rates on certificates of deposit and tax preparers vied ... service providers
    to offer comprehensive product and service offerings under one umbrella. ...

  • The History Of Taxes In The US

    http://www.investopedia.com/articles/tax/10/history-taxes.asp
    ... hasn't stopped the government from including it under its wide umbrella of taxable
    income. Capital gains taxes were enacted in 1913 along with the income tax. ...

  • Introduction To Annuities: Variable Annuities | Investopedia

    http://www.investopedia.com/university/annuities/annuities6.asp
    ... In a nutshell, these contracts consist of a bundled offering of mutual
    fund subaccounts that grow under a tax-deferred umbrella. ...

  • 7 Smart Steps Every New Homeowner Should Take

    http://www.investopedia.com/articles/mortgages-real-estate/09/new-homeowner-tips.asp
    ... And on a non-tax-related note, don't trick yourself into thinking it's OK to ... You
    may also want to purchase an umbrella policy that picks up where your other ...

  • Retirement Savings Tips For 25- To 34-Year-Olds

    http://www.investopedia.com/articles/younginvestors/06/tips25to34.asp
    ... Debt consolidation usually involves consolidating multiple loans under the umbrella
    of the ... If your employer offers contributions via tax-deferral or after-tax ...

  • Rayonier Loves Fibers And Trees

    http://stocks.investopedia.com/stock-analysis/2011/Rayonier-Loves-Fibers-And-Trees-RYN-PCL-IRET-WY1019.aspx
    ... Rayonier's Story Rayonier is organized as an umbrella partnership real estate
    investment ... Rayonier TRS Holdings Inc., and are subject to corporate level tax. ...

  • Buying A Home: Get Properly Insured | Investopedia

    http://www.investopedia.com/university/home/home9.asp
    ... An umbrella policy picks up where your homeowners insurance and auto insurance leave ...
    reserves, or an extra couple months' worth of property tax payments and ...

  • CFP Study Guide - Financial Planning: Process and Rules ...

    http://www.investopedia.com/exam-guide/cfp/financial-planning-process-rules/default.asp
    ... 4.1 Introduction; 4.2 Funding; 4.3 Education-Related Tax Incentives; 4.4 Funding ...
    10.8 Umbrella Liability Insurance; 10.9 Business Insurance; 10.10 Professional and ...

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