Finances - Nefesh B'Nefesh

Notice of Resignation/Dismissal

Baruch Mackler — Sun, 24 Nov 2024 09:55:46 +0000

When an employee wishes to resign or an employer seeks to terminate an employee, the initiating party must provide the other with advanced written notice.

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Capital Gains Tax

Baruch Mackler — Mon, 26 Jul 2021 11:16:43 +0000

A US citizen who is a resident of Israel (with the assumption that the Israeli resident is not in the 10 year exemption period) who sells US corporate stock will pay the first right of tax to Israel on the capital gain (generally the sales price less the original cost).

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Your Aliyah Financial Plan – Your Most Successful Move

Baruch Mackler — Mon, 26 Jul 2021 11:10:53 +0000

This article is by Baruch (Brent) Labinsky New experiences, new situations, new challenges. Making Aliyah is the majorly exciting realization of your dream. Because you are investing so much time, energy and hope into your move, you really want to do everything possible to ensure its success. So here is your key to a [...]

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How to Make your Retirement Dreams a Reality

Baruch Mackler — Mon, 26 Jul 2021 11:10:46 +0000

This article is by Baruch (Brent) Labinsky “When I retire …” When you hear those words, you immediately conjure up an image of your dream retirement in Israel. It might be your new life in an apartment by the beach, traveling to places you have always longed to see, moving to a luxury retirement [...]

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Do Your Investments Make Aliyah With You?

Baruch Mackler — Mon, 26 Jul 2021 11:10:37 +0000

Should your investments really stay in your home country? Will your move to Israel impact them, and what changes do you need to consider as you make the transition to a new country with new financial systems and investment considerations?

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Planning Your Aliyah: Purchase Tax

Baruch Mackler — Mon, 26 Jul 2021 11:03:24 +0000

Most people cringe when they hear the word “tax,” but possessing the knowledge to navigate the system is key – especially in Israel. This article will outline and explain the more common aspects of taxes people encounter when buying a property in Israel.

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Periphery Tax Break

Baruch Mackler — Mon, 26 Jul 2021 10:49:00 +0000

Salary-earning residents of over four hundred cities, towns, and settlements are eligible to receive an income tax break, also known as the Periphery Tax Break. This list of communities eligible for this tax break is generated based on scores received for three criteria: distance from the country's center, proximity to the border, and socio-economic [...]

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4 Important Investment Tips and Money Resources for U.S. Olim

Baruch Mackler — Mon, 26 Jul 2021 10:45:44 +0000

This articles is by Douglas Goldstein, CFP® Having helped Olim for almost 25 years with handling their U.S. investment and IRA accounts, I’ve assembled a list of some of the most common problems that they face. Along with that, I’ve made or found some great free money resources that have helped lots of them. [...]

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General Tax Issues When Making Aliyah from Canada

Baruch Mackler — Mon, 26 Jul 2021 10:43:47 +0000

Becoming a non-resident of Canada will generally not affect your citizenship status in Canada. Canada does not typically ask people who become non-residents to give up their citizenship. However, your change in residency status will significantly change the manner in which you are taxed by Canada. How? For starters, Canadian residents are taxed on their worldwide income while non-residents are taxed only on their Canadian-source income.

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Making Aliyah and Juggling Debt, Loans or a Mortgage

Baruch Mackler — Mon, 26 Jul 2021 10:31:27 +0000

Living in Israel is awesome – and for many people it is a true dream come true. To make the dream of living in Israel a reality, there are many practical steps that one must take to ensure successful absorption into Israeli society. From my experience, having proper expectations is one of the key ingredients to a successful Aliyah.

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