Sentences with phrase «after deductions for»

The statutory tax rate is the rate imposed on taxable income of corporations after deductions for labor costs, materials and depreciation of capital assets.

Repeated studies have been done by neutral parties (mainly academics) and they consistently show that, after deduction for fees, active management almost never beats indexing over time.

Premium payments, after a deduction for insurance expense charges, are deposited to the cash value account.

Not exact matches

If the deduction for medical expenses disappears as proposed in the House Republicans tax bill, the ability to write off long - term care premiums would end after this year.

After you file your 1040 tax form, head to Quiznos for a 10.40 % deduction off any purchase on April 17.

For under construction residential units, however, if the construction is completed after 3 years, then the deduction is just Rs 30,000.

For 2014, single filers who earn less than $ 14,590 after subtracting their deductions and exemptions can claim the credit, even if they don't have kids.

The savings bite might be a little painful at first, but after a while, you'll probably inevitably eye the deduction no differently than the deductions taken out for IRS withholdings, Social Security, and Medicare.

After his tax accountant suggested that starting another company may help him qualify for deductions, Hayden started a limousine company in 2008.

Currently, Section 179 allows for $ 500,000 of expensing, but the deductions start to disappear after $ 2 million of investments.

While the mortgage interest deduction will stay the same for current homeowners, it will be capped at $ 750,000 (down from $ 1 million) for purchases made after December 15, 2017.

For loans made after December 15, 2017, the deduction threshold for acquisition debt is lowered from $ 1 million to $ 750,0For loans made after December 15, 2017, the deduction threshold for acquisition debt is lowered from $ 1 million to $ 750,0for acquisition debt is lowered from $ 1 million to $ 750,000.

Alimony deductions: The new eliminates the alimony deduction for payors, and the corresponding taxable income for recipients, for divorce or separation agreements entered in to after 2018.

A maximum cap on the subsidy rate for itemized deductions also reduces the incentive to give because it increases the after - tax cost of giving.

After that, a family is no longer eligible for the deduction.

An indexation allowance may be available to such a holder to give an additional deduction based on the indexation of its base cost in the shares by reference to U.K. retail price inflation over its holding period (but note that, in respect of disposals on or after 1 January 2018, the U.K. Government announced plans in the Autumn Budget 2017 to freeze indexation allowance at the amount that would be due based on the retail price index for December 2017).

Beginning in 2018, the deduction is scaled back to interest on debt up to $ 750,000, instead of $ 1 million, for people who buy homes on or after Dec. 15, 2017.

After age 59 1/2, you can withdraw contributions and earnings without penalty — but your withdrawals (except for any contributions that didn't qualify for a deduction) will be taxed as ordinary income.

A lot of people just look at the amount of mortgage interest they pay or the stated rate without figuring out what they are really paying after accounting for the deduction.

We discuss how taxable entities with underfunded pensions have been exploring the impact of increasing funding for their plans prior to the deadline for capturing the higher deductions (the deadline is generally 8.5 months after the 2017 plan year ends, so September 15, 2018, for calendar year plans).

But after a Treasury report found that many taxpayers were overvaluing their old cars, a $ 500 limit was placed on tax deductions for most donated vehicles.

Sunsets more generous medical expense deduction after 2018; delays certain alcohol excise taxes until 2019; provides a tax credit for employers who offer family and medical leave that expires in 2020

You'll remember recent tax reforms kept mortgage interest deductions only after intense political pressure — and still introduced caps on deductions for new mortgages.

For example, if your weekly income after deductions are taken out is $ 300, your employer would be required to calculate the amount due under the two formulas: (1)($ 300 — 217.50 = $ 82.50) or (2)(25 % of $ 300 = $ 75) and pay the creditor the smaller amount.

Others simply might not be worth using anymore for you after this year, due to the significant increase in the standard deduction, which will make itemizing unnecessary for many millions of taxpayers.

As mentioned above, the income thresholds of $ 315,000 for a couple and $ 157,500 for a single filer are based on taxable income — that is income after deducting the standard or itemized deductions from adjusted gross income.

The limitation on itemized deductions (sometimes called «Pease» after the Ohio congressman who proposed it) reduces deductions for high - income taxpayers by 3 percent of the amount by which their AGI exceeds a threshold — $ 261,500 in 2017 ($ 287,650 for heads of household, $ 313,800 for married couples filing jointly, and half of that for married couples filing separately)-- but not by more than 80 percent of deductions claimed.

For example, after trying a number of definitions of mathematics, Whitehead settled in that article on Russell's definition of mathematics as the «science concerned with the logical deduction of consequences from the general premises of all reasoning» (MAT 291), In fact, the article «Mathematics» is the most accessible, most approving and best summary of Principia Mathematica ever done by Whitehead.

Grant took charge at Fratton Park last November but could not stop relegation after Pompey were hit with a points deduction for going into administration.

Sitting on the sofa, I show him a few items: newspaper and magazine pieces about the Liston fights; Ali's conversion to Islam; the arrest for refusing military induction; the epic first battle with Frazier; the Supreme Court overturning the draft conviction; Foreman being voodooed by Ali; the Thrilla in Manila; the boxing lesson he gave Spinks in their second contest; a recent article about Ali buying buses for Chicago - area public schools (immediately after seeing a TV news story about how Dade County had no money for new buses, Ali sat down, wrote a check and mailed it, not using the gift as a tax deduction); and one about helping a young man wearing a hooded dark sweatshirt and jeans who crawled out on a high window ledge of a Wilshire Boulevard skyscraper in Los Angeles to kill himself.

After parting with over # 2,000 for season ticket, shirts etc (which is about 10 % of the income of many after tax and all the other mandatory deductions), we must then pull our hairs out as the club's management takes toooooooo long to spend that fucking mAfter parting with over # 2,000 for season ticket, shirts etc (which is about 10 % of the income of many after tax and all the other mandatory deductions), we must then pull our hairs out as the club's management takes toooooooo long to spend that fucking mafter tax and all the other mandatory deductions), we must then pull our hairs out as the club's management takes toooooooo long to spend that fucking money.

Goods are sometimes bought for cash at auction where aggregate information may be provided after sale but individual buyers are not identifiable, and in order to calculate everyone's deductions correctly the government would have to know this information.

Explaining that the funds available to the state, for now, were enough to pay the backlog of salaries and other allowances, Olatunbosun added that the Paris Club figure of N9.6 bn was intact apart from the regular monthly allocation of N1.9 bn after deductions.

He says, for example, under the bills Connecticut homeowners with crumbling foundations would not be allowed federal tax deductions for repairs done to their homes after December 31.

Gov. Andrew M. Cuomo, hours after the new federal tax code was signed into law last month, directed municipalities to accept prepayments of 2017 - 2018 second - half school and 2018 general taxes in the hopes that property owners could claim 2017 deductions for the prepayments.

This, despite a judgment of the High Court dated 14th September 2014 ordering that all my entitlements shall be paid with interest, together with my constitutional right to one saloon car respected; and that a receipt for all Social Security deductions from my emoluments should be given to me after the payment of my benefits to enable the SNNIT to ratify my SSNIT benefits?

Poll after poll shows that these taxpayers strongly support the SALT deduction and oppose having their tax dollars finance the large tax cuts for companies and people who don't need them,» said the group's co-director, Bob Chlopak.

A for - profit network of schools and the family behind it have agreed to pay the state more than $ 4.3 million in a settlement after having spent state funds, intended to pay for special education preschool, on credit card bills, maintenance of a boat and a son's law school tuition, as well as claiming false tax deductions.

After much sound, fury and missile hyperbole, in the end, Cuomo's budget fails to circumvent the cap on federal tax deductions for state and local taxes for 2018.

You may be able to pay early to take advantage of deductions now, but you have to pay before the 31st... postmarked or dropped off... you have to wait to get the receipt after the 31st... which makes for some confusing accounting for most towns.

Rep. Peter King said the New Yorkers» proposed SALT compromise — retain the deduction for four years for everyone, keep it after that for those who earn $ 400,000 or less annually — didn't fly with GOP leaders.

Jerome Swartz, the 77 - year - old bar code innovator who co-founded Symbol Technologies Inc., is suing the federal government for about $ 300,000 after tax deductions he claimed — including one stemming from a $ 2 million investment in the movie «Love Ranch» — were disallowed by the IRS.

In fact, after a meeting of the legal committee of the NGF at the Plateau State Governors Lodge in Abuja recently, it was disclosed that «with the decision of the legal committee of the NGF to push for the payment of all outstanding fees to all state consultants, the on - going legal battle between the governments on one hand and the consultants that pursued the repayment of the excess deductions made on Nigeria's repayment of foreign loans, will end and the prospect of fresh ones averted.»

Both plans were quietly unveiled late Thursday night by Cuomo — after weeks of openly discussing the need for New York to create an end - run around the new federal tax law because of the new restrictions on state and local tax deductions.

By simulating changes in tax rates (including for ordinary income and long - term capital gains and dividend income), exemptions and deductions, changes in after - tax income and average changes in the state - level, Gini coefficient for all 50 U.S. states were estimated.

For Lane Crawford Privilege Card holders, minimum purchase amount for qualifying transactions to receive the Voucher is calculated after deduction of Privilege Card regular discount i.e. on the net purchase amouFor Lane Crawford Privilege Card holders, minimum purchase amount for qualifying transactions to receive the Voucher is calculated after deduction of Privilege Card regular discount i.e. on the net purchase amoufor qualifying transactions to receive the Voucher is calculated after deduction of Privilege Card regular discount i.e. on the net purchase amount.

The calculation of the Foundation Amount takes into account the Contracted ‑ Out Deduction, so someone who has the 35 qualifying years required for the full nSP may have a Foundation Amount which is less than full nSP after taking account of the Contracted - Out Deduction.

All taxpaying families in the state are eligible and can apply for an individual tax deduction after paying for K — 12 private school tuition.

After federal income tax deductions, Connecticut's wealthiest taxpayers pay an average of 5.5 percent for their income in state and local taxes, compared to 10.5 percent for middle - class families and more than 11.0 percent for the state's poor.

Senate Bill 807 would exempt California educators from paying the state income tax after five years on the job, in addition to allowing a tax deduction for the cost of attaining their teaching credential.