Sentences with phrase «under the current law money»

Under the current law money withdrawn from the plan must be used for qualifying higher education expenses within the same tax year.

Not exact matches

Under current tax law, you can deduct charitable contributions of money or property made to qualified organizations if you itemize your deductions.

Under current Connecticut public campaign financing law, candidates who get such unlimited state party funding can still qualify for taxpayer funded campaign money.

Who wouldn't take money they're rightfully, under current law, due to be paid?

The current state law says that towns, under the state's so - called «minimum budget requirement,» can not spend less money on public education than was spent during the previous year — unless special circumstances such as a sudden drop in enrollment or other problems.

Former legislature chairman John Parete called it «money laundering» last April, but was told it was all perfectly legal under current campaign finance law.

Jassin says, «Under current law, it is unclear what Amazon must do with monies received by it from an alleged infringement carried out via its eBooks service but not yet remitted to the infringing party.»

Contributions to a 529 plan not only earn money on a tax - deferred basis, but under current law distributions are also tax exempt when used to pay for qualified higher education expenses.

Under current law, if a wife falls on hard times, the former husband paying spousal maintenance remains a form of insurance policy, assuming he has money to spare.

Under current law, if a wife falls on hard times, the former husband paying spouse maintenance remains a form of insurance policy, assuming he has money to spare.»

This means that law students, under the current state of affairs, can be going into their thirties having never earned any money, starting life from the hole of student debt and facing the prospect of buying a home and starting a family seeming unattainable for many years.

We don't typically deal with this level of planning for individuals who are in their 30 ′ s or 40 ′ s, as under current estate tax law, and estate is not taxable at the federal level until it is valued at over $ 5 million dollars, and you can imagine that very few individuals in their 30 ′ s and 40 ′ s have accumulated that sort of money.

As reported by CoinDesk last month, New Hampshire's HB 436 seeks to create a regulatory exception for persons «using transactions conducted in whole or in part in virtual currency» who may otherwise be considered money transmitters under current laws.

More recently, in 2017, HNB noted that cryptos were neither legal means of payment, nor electronic money under current law in Croatia.