Sentences with phrase «as a liability if»

Not exact matches

«If you hold yourself out as an expert giving advice, and someone could be financially damaged in taking that advice, you want to think about professional liability insurance,» says Jeff Perlman, an agent in Lawrenceville, New Jersey.

If the debts are due in one year or less, they are classified as a current liabilities.

Filing dissolution papers is especially important if you have partners or other owners in the business, as it prevents future confusion about ownership and liability.

But if you then leave those securities to your heirs, their cost basis for tax purposes will be «stepped up» as of the date of your death, and your capital gains liability simply evaporates.

For example, if the firm has $ 500,000 in current assets and $ 350,000 in current liabilities, then $ 150,000 is free and clear as working capital, available for spending on new things as needed by the company.

Here's why: Many people don't realize that they may get socked with a 15 % excise tax as well as income - tax liability if their retirement accounts build so high that they, or their beneficiaries, eventually have to take any distribution that the IRS deems excessively large — more than $ 155,000 in 1996.

«We wanted to run our store cooperatively, which suggested a partnership, but we were afraid of the liability risks we'd assume if we opted for a traditional partnership status,» says Carine Ullom, one of the owners of Simple Goods General Store, a Lawrence, Kans., retailer of environmentally safe products, which is set up as an LLC.

«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.

If so, did you know that in many cases, leaving tax - deferred assets, such as IRA funds or annuities, to charity will relieve non-charitable beneficiaries of tax liability?

If you're worried you might owe taxes, there are a few ways you can limit your tax liability, such as claiming the student loan interest deduction.

Expenses for other direct program expenses (excluding other transfer payments) could be $ 2 billion higher than estimated in Budget 2012, especially if the Government decides to book the shortfall in the environmental liability as identified by the Commissioner for the Environment and Sustainable Development.

As I argued in An Open Letter to Congress Regarding the Current Financial Crisis and You Can't Rescue the Financial System if You Can't Read a Balance Sheet, this is exactly the right approach, since it operates on the liability (capital) side of the balance sheet, which is where the trouble has been.

At the same time, however, the enormous increase in government liabilities stemming from an ongoing budget deficit and huge financial rescue efforts is likely to result in normal if not elevated levels of inflation as the economy recovers.

Not sure if this was covered by another article (my apologies if it was) but I was wondering if you owned your rental properties as an individual or through a limited liability entity.

If they don't have many guests, animals or venture out much, they probably don't need as much liability protection.

If any resulting liabilities of EHI are not satisfied by EHI and its direct and indirect owners, we will be subject to such liabilities because we will still be a member of the EHI consolidated group at the time of the distribution and therefore jointly and severally liable for unpaid taxes as a result of such distribution.

Trusts enjoy, effectively, indefinite longevity (they have a finite existence, but it can be a good long time) and can have limited liability for benficiaries (but not for trustees) and have legal personality (in the form of the trustee) and yet we permit them to pass income through to their benefiaries to avoid tax at the trust level (so that, for example, most mutual fund trusts in Canada pay no income tax - in fact, if you look at their trust indentures, most of them are required to arrange their affairs so as not to pay tax).

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

Nonrefundable credits may only offset positive tax liability; in contrast, if a refundable credit exceeds the taxpayer's tax liability, the taxpayer receives the excess as a refund.

Classifying pensions as senior debt won't stop bankruptcies if a company can't change with the market, but that's no reason for johnny - come - lately PE firms to ignore unfunded pension liabilities so they can take the cash & run.

Business Liability Insurance is not usually required by law but can protect your business and personal assets from being taken in a judgement against you or as a tenant if you cause damage to a property you rent.

@ Bob — if you're a retiree (or nearing retirement) then you may wish to avoid currency risk by investing in the UK i.e. by investing in assets of the same currency as your liabilities.

Although it might seem easier and less expensive to start off as a sole trader, you could find it hard to secure suppliers and finance if you are not a limited liability company.

If you register your business as a corporation or limited liability company (LLC), this will be done automatically.

Now, if a company takes its IPO proceeds and invests them in cash and marketable securities, then as long as it doesn't generate net losses or other liabilities, the company must be worth at least the value of those assets, regardless of how much money was raised by issuing stock.

This arrangement limits partners» personal liability, so that, for example, if one partner is sued for malpractice, other partners» individual assets are not at risk as a result.

If your self - directed IRA is set up as a limited liability company or LLC, however, the rules are a bit murkier.

It's common for retailers to require their suppliers to have a product liability policy explained in the first scenario above because if a product fails as a result of a manufacturing flaw or design flaw, they want to make sure there is a layer of protection between the manufacturer or importer and themselves and that their supplier will be able to handle the financial responsibilities of a product failure including paying any fines or legal defense costs.

RIAs are eligible to participate in the Program if they represent to Fidelity Investments that they meet the following criteria: (1) RIA is an investment adviser registered and in good standing with the U.S. Securities and Exchange Commission and / or any applicable state securities regulatory authorities or is exempt from such registration; (2) RIA's representatives who provide services to referred clients are appropriately registered / licensed as «Investment Advisers Representatives» in required jurisdictions; (3) RIA charges fee - based, asset - based, or flat - rate investment advisory service fees (which may include hourly fees); (4) RIA will maintain a minimum of $ 350,000,000 in total regulatory assets under management, as reported in response to Item 5 in Part 1A of the RIA's Form ADV, throughout the duration of RIA's participation in the Program; (5) RIA and all associated persons of the RIA who manage client assets or who supervise such associated persons shall at all times be covered through both Errors and Omissions Liability Insurance and Fidelity Bond Coverage; and (6) RIA maintains a minimum of two principals or officers as well as a minimum of five employees.

Purchase business insurance such as general liability, workers» compensation if hiring employees, product insurance or home - based business insurance to protect business assets in the event of a lawsuit or settlement.

MLP funds accrue deferred income taxes for future tax liabilities associated with the portion of MLP distributions considered to be a tax - deferred return of capital and for any net operating gains as well as capital appreciation of its investments; this deferred tax liability is reflected in the daily NAV; and, as a result, the MLP fund's after - tax performance could differ significantly from the underlying assets even if the pre-tax performance is closely tracked.

If those concerns become more severe, the resulting flight to government liabilities (cash and Treasuries) as safe - havens could suppress inflation pressures.

If, on the other hand, you want to incorporate as a limited liability company, referred to in the US as an LLC, then the relevant credit histories will be separate, and you'll have different credit profiles for yourself and your business.

If the Trust is terminated and liquidated, the Trustee will distribute to the Shareholders any amounts remaining after the satisfaction of all outstanding liabilities of the Trust and the establishment of reserves for applicable taxes, other governmental charges and contingent or future liabilities as the Trustee shall determine.

If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).

If the loan is for more than the fair market value of your home (i.e., if your mortgage is underwater), then the loan amount that is over the fair market value counts as a liability under the net worth tesIf the loan is for more than the fair market value of your home (i.e., if your mortgage is underwater), then the loan amount that is over the fair market value counts as a liability under the net worth tesif your mortgage is underwater), then the loan amount that is over the fair market value counts as a liability under the net worth test.

Known as the «Melbourne Response,» this system made a form of justice available to victims who were disinclined to establish legal liability — though it did not preclude their also pursuing civil action, if they wished.

If a college is Baptist or Catholic or Methodist, it should not regard that identity as a liability.

I would have a lot more sympathy for the owner of Hobby Lobby if it was run as a sole proprietorship and not picking and choosing how he wants help from the government in managing risk, liability, regulations and taxes.

The programs taught me about (1) admitting I was beat, (2) coming to believe in something greater than myself (eventually a higher power)(many evolutions and concepts of HP, all of these at one time or another: nature, the 12 steps, creator, Love, spiritual principles)(Step 3) applying my low self worth and gigantic Ego to these spiritual principles (4) write down my liabilities and assets (5) share them with another and my higher power (6 & 7) ask for the liabilites to be removed and be patient with the process (8) Make a list of all that were harmed by me (9) make amends to such folks except whn to do so would injure them or myself (10) take a daily inventory of my day, checking for snafus, mean temperment, arrogance etc (11) meditation and prayer to communicate to my higher power and quiet reflection to listen for the Truth (12) after having a spiritual awakening as a result of working these steps, help others if they wish for help because now I am in the position to assist.

by the Food Waste Reduction Alliance, 67 percent of wholesalers and retailers in the United States listed liability — say, if someone gets sick from spoiled food, and decides to sue — as their biggest concern about donating.

If ozil wonders around the pitch moaning as he has, gets knocked off the ball like he really couldn't give a ****, makes little the effort to keep the team shape i.e. actually runs when he loses the ball (rather that standing looking like a little boy who's just had his ice cream taken off him) or the opposition breaks, then he is as much of a liability as he an asset.

Throwing Lucas Noguiera out as a solution to Scott / Morris was hilarious, he's a huge liability, let's see if Casey goes back to that, I'm sure the Wizards will be ready to take advantage.

It's difficult to blame Ozil for the difficulties he's faced at Arsenal without looking at the big picture... like the fans, he too was lied to by Wenger... there is no doubt in my mind that he was told by Wenger that he was trying desperately to recreate our earlier success by acquiring players that fit the system he ran when Henry was in his prime... as we know this hasn't happened... in order for Ozl to flourish he needs some speed up front, forwards that can make intelligent runs, a boss in the midfield to compensate for his obvious defensive liabilities and defenders who can transition from defence to offence quickly and efficiently... much like he had in Real and with the German National squad... unfortunately he ended up on a squad that has a striker who plays with his back to goal, very few intelligent runs into the box, minus Sanchez, no one to take pressure off him in the midfield, once Cazorla was injured, average defensive midfielders around him, which simply highlighted his lacking defensive qualities and defenders who lack the necessary cutting edge when it comes to transitional passing... instead of blaming Ozil, which is simply too easy, especially considering his mopey disposition, we should be asking ownership and / or Wenger why they brought him in if they didn't intend on doing what was necessary to get the best from him... can you imagine Ozil playing with the likes of Henry, Viera, Petit and Pires, it would be incredibly to watch and even more difficult to stop... so the only thing different between his experiences in Real and with the German team versus his time at Arsenal are the players around him and we all know who is in charge of making those decisions, the Grinch who stole soccer

Barca B would be the following: Cillessen RB: Vidal (he's not a starter, but he's a pretty decent number 2, he pours out his heart for the team, and he deserves ONE more shot) CB: Pique (He still would be a starter, but like Mascherank was this season, I would slowly incorporate him out as he is more of a liability than an asset e.g super Copa, Roma, etc) CB: Marlon Santos (bring him back from loan and sell Vermaelen a as his time is up) LB: Cucerella (I would promote him, and if he impresses enough, like the case with Umtiti last season, he could even replace Alba in the starting 11) DM: Arthur (Future at Barcelona!

He's a liability currently at the SF spot, but if his handle develops a little bit, he would be solid there as well given his midrange shot, and length on defense.

In the middle Flamini with either Rosicky / Ox / Ramsey (if fit; we do nt want him reinjured again and a liability) and Özil as our # 10... The front three depending on who plays in the middle would be Walcott / Welbeck / Ox... The next month will be really important not only for us to consolidate our top 3 finish now + our only hope to get a trophy (FA cup) and making maybe the greatest comeback in our history but the latter at this moment is the least important one... QPR shouldn't be taken lightly

He didn't get 100 caps for Germany by being a liability, the German teams he played in were competitive, not as if there was no one else for his position.

Ramsey has just been a liability in there, I would play Rosicky as the B2B and that's why I kept saying if we could get a Sissoko in right next to THE COQ....

Ozil was a bit part player at Madrid, he spent 50 % of the games as a substitute and 50 % of the games as a starter who can't last more than 60 minutes, so if he started a game he would be taken off after 55 - 60 minutes because would be a liability in left on beyond 60 minutes..