Tax Bracket Shifting
Definition of "Tax bracket shifting"
Arrangement of financial affairs such that a family member who is in a lower income tax bracket receives income that another family member would otherwise have received (thereby reducing the taxes paid by the family unit).
Popular Insurance Terms
Trust instrument that permits the owner of a residence (grantor) to transfer ownership of that residence with the grantor still being allowed to stay in that residence for a stipulated ...
Deleveraging of the insurance company's balance sheet. ...
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