Sentences with phrase «as employee business expenses»

For instance, you have to put various items back into your income, adding such items as your standard deduction, personal exemptions, home equity mortgage interest, miscellaneous deductions such as employee business expenses, and the bargain element of any incentive stock options you exercised.

For instance, if you purchased your own supplies without receiving a reimbursement from your employer, you may deduct your out - of - pocket costs as an employee business expense on IRS Form 2106.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

The public outcry from an environmental disaster such as an oil spill or violating the pay laws of your employees will cost your business much more than the expenses of being socially responsible.

Wave also lets users separate personal expenses from business expenses, a key feature for small companies where employees often use the same credit card to take clients out for lunch as they do for buying groceries.

As a business owner, I spend a lot of money on typical business expenses — data, hosting, contractors, employees, etc..

One advantage C corporations have over unincorporated businesses and S corporations is that they may deduct fringe benefits (such as group term life insurance, health and disability insurance, death benefits payments to $ 5,000, and employee medical expenses not paid by insurance) from their taxes as a business expense.

They waited years before hiring their first employee — a woman they still refer to as «001» — because they wanted to be absolutely sure the business could afford the expense.

For C corps, they can claim more tax deductions than a partnership may be able to, write off benefits for employees (like health insurance) as business expenses, and are at much less risk of being audited as opposed to an LLC or sole proprietorship structure.

On the other hand, with a $ 4,000 employer contribution to the employee's plan, the employee gets the full $ 4,000 now and the employer gets to deduct the $ 4,000 as a business expense.

This generally consists of production - of - income expenses, such as tax advisory fees, and unreimbursed employee business expenses.

Bootstrapping works well when you can deliver the service or meet production requirements at the early stages of the company, and then add more employees or business expenses as your capacity to meet demand diminishes.

As a small business owner, you have to account for you and your employees» salaries, as well as expenses for insurance and retirement benefitAs a small business owner, you have to account for you and your employees» salaries, as well as expenses for insurance and retirement benefitas well as expenses for insurance and retirement benefitas expenses for insurance and retirement benefits.

Expenses such as the cost of providing a pension plan, purchased research and development, and employee stock option grants - all obvious ongoing business expenses - are deducted when calculating Expenses such as the cost of providing a pension plan, purchased research and development, and employee stock option grants - all obvious ongoing business expenses - are deducted when calculating expenses - are deducted when calculating profits.

This is especially true for workers with non-trivial amounts of unreimbursed business expenses (although the amount of a worker's unreimbursed expenses may decline if the worker is classified as an employee because California Labor Code 2802 generally requires employers to reimburse significant business expenses of employees).

HMRC will record this as an unreimbursed business expense albeit in fact it simply reflects the employee's legitimate claim for tax relief on the expense he or she has incurred.

As a sole proprietor (only owner, employee) with a GST registrant number, can I claim GST / HST rebate for business expenses incurred?

The IRS allows vehicle expenses and tolls incurred for business as an employee to be deducted if you itemize.

With Five Star Bank's ACH Origination Service, you can electronically debit and credit your customers, individuals, businesses, vendors, suppliers, employees, etc., as an alternative to paper checks, eliminating the need and expense of checks and postage.

Some expenses, such as rent for an office, employee pay and even interest charged on money borrowed toward your business, are eligible for deductions.

If you deduct these expenses under some other provision of the tax code, such as for employee or business expenses, you can not also deduct the expenses for the Tuition and Fees Deduction.

@CQM whether or not the individual is an owner or employee or owner and employee of the company involved, under what circumstances would a business be leasing residential space as a business expense?

When your business operates efficiently, each of your employees are paid, the operating expenses are paid, and whatever is left is your profit as the business owner.

This includes expenses such as union dues, tax preparation fees, safe deposit box rental, and unreimbursed employee business expenses.

Taxpayers who have income, loss, deductions, credits, or exclusions which require submission of one or more attachments or who wish to reduce their gross wages by such items as reimbursed employee business expenses or moving expenses.

For starters, you're able to deduct more of your business expenses than you would be able to as an employee.

The cost of driving your car on business can be deducted as a business or employee expense.

If you qualify as a performing artist, you can deduct your employee business expenses as an adjustment to income rather than as a miscellaneous itemized deduction.

If a business associate, such as a current or prospective (likely to become) customer, client, supplier, employee, agent, partner or professional adviser travels with an attendee and meets the conditions above, their expenses can be deducted.

Business cards also tend to come with features that help business owners manage their credit card spending, such as expense tracking, integration with Quickbooks and the ability to issue employee cards with spending limits and accountBusiness cards also tend to come with features that help business owners manage their credit card spending, such as expense tracking, integration with Quickbooks and the ability to issue employee cards with spending limits and accountbusiness owners manage their credit card spending, such as expense tracking, integration with Quickbooks and the ability to issue employee cards with spending limits and account alerts.

While convenient, such electronic expense report systems may also flag expenses in violation of company rules or limits — such as paying for a business class seat on a flight when the employee should have booked an economy ticket instead.

The Blue Business Plus card isn't a great pick for bigger businesses with extra large expenses, though — especially if you're going to distribute the same card to a lot of employees or use it as your company's only card.

Typically, this will involve some questions about your business, such as your history of ownership, revenues, profits, and expenses from the past three years, expected profits for the next year, an explanation of what your business does, number of employees, etc..

The corporation deducts the salary and payroll taxes as a business expense on its income tax returns while the salary is reported as W - 2 income on the owner - employee's personal tax returns.

If the owner plans to participate in a SEP - IRA or a self - employed 401 (k) retirement plan, the corporation can contribute a percentage of the employee salary (but not distributions) to the plan and deduct it as a business expense.

Our firm is dedicated to representing employees as individuals or as class representatives against their employers for Labor law violations, including: Overtime, Double Time, Failure to Provide Meal and Rest, Unpaid Tips, Unpaid wages, Improper Employee Classification, Failure to Reimburse Business Expenses, Failure to Provide Commissions, Unlawful Deductions, Failure to Provide Accurate Wage Statements, Failure to Pay all Wages at the time of Discharge or Resignation.

Life insurance premiums paid on a key employee by a company do not qualify as a deductible business operating expense.

Business Overhead will reimburse your business for deductible overhead expenses that occur even while you are disabled such as employee salaries, insurance premiums, lease payments and utBusiness Overhead will reimburse your business for deductible overhead expenses that occur even while you are disabled such as employee salaries, insurance premiums, lease payments and utbusiness for deductible overhead expenses that occur even while you are disabled such as employee salaries, insurance premiums, lease payments and utilities.

As a small business owner, any premiums you pay towards your employees» group health insurance coverage are deducted from your business taxes as a business expensAs a small business owner, any premiums you pay towards your employees» group health insurance coverage are deducted from your business taxes as a business expensas a business expense.

That way, you can continue to pay key employee salaries, as well as monthly expenses, until you can resume your normal business operations.

People traveling for business are as much at risk of falling ill or becoming injured as any other traveler during a trip abroad, and companies may not be held responsible for covering an employee's medical bills and travel expenses.

If an employer pays all or a portion of the tax - qualified LTCi premiums on behalf of an employee, the amount paid is deductible by the employer as a business expense.

However, if you employee reimburses you for your auto insurance premium costs, which they often do, then you can not claim these as a «business expenses» on your tax forms.

That way, you can continue to pay key employee salaries as well as monthly expenses until you are once again able to resume normal business operations.

They have to make sure they are able to pay policyholders» claims as well as pay their own business operating expenses (employee salaries, office space rent, utilities, etc.).

The best resume samples for Business Operations Managers list responsibilities such as guiding teams, budgeting, negotiating contracts, hiring employees, creating and implementing office procedures, and monitoring expenses, among many others.

• Verify the accuracy of invoices and checks and post relevant information in predefined accounting databases • Prepare and submit invoices and handle payments • Coordinate cash and check deposit activities • Sort and enter accounts payable and receivable data into company database • Prepare and produce accurate financial statements such as balance sheets • Maintain record of assets and liabilities and complete and deposit tax returns • Reconcile bank statements and manage cashbook management on a daily basis • Issue and maintain records of petty cash • Audit accounts to ensure accuracy and address any discrepancies found during auditing procedures • Process refund requests and reconcile monthly statements • Post details of business transactions including received and disbursed funds • Type vouchers, invoices, bank drafts, checks and reports • Post cash receipts and expenses in designated accounts software • Report accounting discrepancies to supervisors and assist in resolving them and any issues that customers may have with their accounts • Compile and maintain financial records of the company by recording and summarizing data • Keep record of business transactions, compute costs and verify bills • Create statistical records by combining data and performing computations • Prepare payrolls and transfer employees» salaries to their accounts on a monthly or bi monthly basis • Manage day to day internal controls and arrange for purchase orders to be prepared

May process standard and non-standard business office administrative paperwork, such as purchase requisitions, employee time sheets, expense vouchers, etc..

• Assigned tasks, supervised and reported fiscal / personnel status to the management • Assumed a lead role in coordinating meetings and events with multiple managers / offices • Collaborated inter-departmental communication & resourcefully met deliverable deadlines and accomplished tasks • Collected cash transmittals from various county departments, issued receipts, made necessary deposits and prepared entries to be recorded into the financial MIS • Competently did support work for the senior managers, performing highly complex administrative functions • Conducted admin related research & maintained expense reports • Coordinated activities across numerous business groups, providing support for program and project management • Determining work priorities and schedules, examined correspondence and supervised employees engaged in obtaining and dispersing information • Efficiently handled multiple priorities and flexibly adapted to changing priorities and demands of management and clients alike • Gathered data relevant to projects for the senior management • Handled and distributed all incoming mail to appropriate departments • Made necessary arrangements for special guests; received guests in the absence of the administration department manager • Maintained high level of confidentiality in a professional manner • Managed extremely heavy scheduling of administrative work • Met and greeted clients and affiliates during on site meetings • Monitored office equipment such as computers, phone systems and electronics and coordinated maintenance issues • Ordered, received, stored and distributed office supplies while accurately maintaining supply - inventory • Arranged briefing materials for meetings, proposals, presentations and calls • Prepared complicated documents and presentations • Processed and reviewed routine paperwork and entered data into the database • Provided support and guidance to newly hired clerical employees and administrative staff • Statistically analyzed information gathered by assistants, preparing charts, graphs & administrative reports • Utilizing arithmetic knowledge, calculated & prepared & coded billings, verifying receipts • With superior interpersonal and customer service skills, handled time - sensitive & stressful situations related to customers

Job Responsibilities • Answer telephones • Provide customer service and support • Organize, schedule and maintain calendars • Create and maintain online CRM and filing system • Submit and reconcile expense reports • Act as the point of contact and support for internal and external clients • Provide support for management and account reps with various tasks Required Education, Experience, and Skills • Post-high school office experience • Excellent computer skills, including Microsoft Office, CRMs, and Quickbooks • Be able to excel in a self - starting work environment • The aptitude to create policies and procedures • Outstanding customer service skills • Excellent writing and communication skills • High - level organizational skills with an accurate attention to detail • The ability to work without direction As an employee of a small business, the ideal candidate must be willing to learn what they don't know and be willing to assume job duties in multiple roles as needed to benefit the companas the point of contact and support for internal and external clients • Provide support for management and account reps with various tasks Required Education, Experience, and Skills • Post-high school office experience • Excellent computer skills, including Microsoft Office, CRMs, and Quickbooks • Be able to excel in a self - starting work environment • The aptitude to create policies and procedures • Outstanding customer service skills • Excellent writing and communication skills • High - level organizational skills with an accurate attention to detail • The ability to work without direction As an employee of a small business, the ideal candidate must be willing to learn what they don't know and be willing to assume job duties in multiple roles as needed to benefit the companAs an employee of a small business, the ideal candidate must be willing to learn what they don't know and be willing to assume job duties in multiple roles as needed to benefit the companas needed to benefit the company.