The charge-out rate is and expression of fee earnings in terms of Rand per R1000. of average total package earned, calculated as follows: charge-out rate = [overhead factor x mark-up / utilisation rate] / [available hours / 1000] A summary of the hourly fee rates for consultants is set out in Annex One.
For example, someone collecting from a deceased personâs 401(k) or traditional IRA would have a deduction of the federal estate tax on that portion of the decedentâs assets, recovered over time in the year the income was received.
If the gross estate does not include the transfers to the spouse, no marital deduction applies. Although this seems to be a tempting planning strategy, it can be a double-edged sword: (1) the assets you have left tax-free to your spouse are all taxed when your spouse later dies-at higher brackets.Your surviving spouse would have to remarry and give his/her entire estate to the new spouse in order to get another unlimited marital deduction.1) the assets you have left tax-free to your spouse are all taxed when your spouse later dies-at higher brackets. Your surviving spouse would have to remarry and give his/her entire estate to the new spouse in order to get another unlimited marital deduction.