Sentences with phrase «as ordinary business»

On the other hand, it is treated as an ordinary business expense on the part of the employer.
Of course, as soon as ordinary business expenses are paid they become deductible as well.
For example, building contractors or house renovators who follow a pattern of living for a short period of time in a home they have built or renovated, and then selling it at a profit, may be subject to tax as ordinary business income on their gains.

Not exact matches

The downside to an LLC, however, is that it forces the business owner into higher tax liabilities, as distributions from an LLC are taxed as ordinary income with rates as high as 37 percent, at the federal level, and 13.3 percent at the state level, for a combined federal / state tax of 50.3 percent!
This effectively makes the transaction an investment in your company and also makes it easier from a tax standpoint for your friend or relative to write off the transaction as an ordinary loss if the business fails.
Rule 14a - 8 of the 1934 Securities and Exchange Act allows companies to omit proposals from their proxy statements if they fall into certain categories such as dealing with «ordinary business» issues.
As a result, shareholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our ADSs or ordinary shares.
Our business, financial condition, results of operations, or prospects could be materially and adversely affected if any of these risks occurs, and as a result, the market price of our ADSs or ordinary shares could decline and you could lose all or part of your investment.
The hukou registration system that ties people to their place of ordinary residence deprives migrant workers of rights to welfare, education or property, and prevents them from launching businesses in the cities, where they are treated as second - class citizens.
The IRS requires eligible business expenses be «ordinary» (something common and acceptable in that particular business) as well as «necessary» (something appropriate and helpful to the business).
We sometimes forget about that aspect of the market, getting caught up as we do with ordinary business of life.
The SEC staff has routinely allowed media companies to exclude shareholder proposals relating to liberal bias in programming and news reporting as relating to the company's ordinary business.
The expenditures upon which we seek a report are those that Congress has said to not warrant a deduction as an ordinary and necessary business expense, namely, lobbying, participation in the political system by supporting or opposing candidates for office, and trying to influence the general public or segment thereof as to elections, legislative matters or referenda.
Now that lawyers are increasingly admitting that they want to run their «business as a business,» many seem to suppose they are exempt from ordinary decent behavior.
Also, while the broadcast industry is provided with a government - protected monopoly over the use of a particular frequency, it is taxed as if it were an ordinary business, subject to all of the risks other businesses face through genuine competition.
«13 The challenge before India's political system is not much different: how to ensure a minimum of equality in an age of globalization as international business and financial institutions deprive governments of some of their old sovereignty, empower elites with transnational loyalties, and cause ordinary citizens to grow indifferent to politics.
Obviously, as a libertarian, I'm not too fond of Capital Gains Tax, but if ordinary businesses have to pay it, religious organizations shouldn» y be exempt.
The coalition is seen as more sympathetic to the interests of the rich and big business than to ordinary families.
Our outfit wishes to draw the attention of the president HE Nana Addo Danquah Akufo Addo to the worrisome situation where his party supporters and vigilante groups are violently besieging and taking over state businesses and their premises which is creating fear and panic among many ordinary Ghanaians barely 72 hours of his swearing - in as president of the state.
It is clear that the Tories are already falling out over Brexit and immigration, and Labour must take full advantage of that by positioning ourselves as the defenders of the interests of the mass of ordinary people as opposed to those of big business.
Step into Kingsley's clinic in downtown Minneapolis and you'll find an ordinary looking office — a major selling point for state lawmakers in Minnesota as well as community members concerned with a business that is distributing medical marijuana.
Ghana's laws make corruption a high - risk venture, but, in reality, many see it as a thriving venture where businesses evade tax, public officials receive bribes to facilitate transactions and ordinary citizens are compelled to offer bribes before basic services — including birth certificates, passports, driving licences, electricity meters — are delivered.
Moving around the country should be easier not just for business people, but for the ordinary citizen as well.
In the case of the Erie County Department of Social Services, it is only required to prepare and forward one original contract, which it shall retain once fully signed, and thereafter issue certified copies as it has been doing in its ordinary and normal course of business; and it is
Publicly, he represented himself as a lawyer who represented «plain, ordinary simple people» in personal injury matters and did not have any cases pertaining to state business, but prosecutors said the work was nothing more than a sham.
«And since the Igbo have virtually infiltrated every nook and cranny of Northern Nigeria where they have been received with open arms as fellow compatriots, we strongly believe that the region is no longer safe and secure in the light of the unfolding threats and the fact that for a long time, the Igbo have gone to extra ordinary lengths to ensure that in their domain in the South East, Northerners and Westerners are as much as possible disenfranchised from owning any businesses whereas in Kano alone, they own not less than 100, 000 shops across all the business districts.
«As we take this seat back, it will be because the people in this district are tired of career politicians advancing their careers while they concentrate their power and make it more difficult for small businesses, farmers and veterans to have ordinary lives.»
In the United States in 1992 — a normal year in this country, even as the BSE epidemic approached its peak in Britain — 30,860,000 cattle and 1,353,000 calves were sent to slaughter as a matter of ordinary business, their meat bound for burger chains and restaurants and supermarket meat counters.
John Trinkaus of the Zicklin School of Business in the City University of New York studies ordinary people going about their everyday lives — a rich seam for quirkological research, as you might imagine.
Besides being an ordinary mom with 3 kids, holding a full time career as a CEO of two online businesses, I'm also a Paleo enthusiast, a blogger and the author of two hugely successful books, Paleo Made Easy: Getting your Family Started with the Optimal Healthy Lifestyle and The Gelatin Secret: The Surprising Superfood that Transforms Your Health and Beauty.
As Bobby, Willem Dafoe underplays this character not as a killjoy but a decent, ordinary man who employs a set of guidelines and expectations for running his businesAs Bobby, Willem Dafoe underplays this character not as a killjoy but a decent, ordinary man who employs a set of guidelines and expectations for running his businesas a killjoy but a decent, ordinary man who employs a set of guidelines and expectations for running his business.
The spelling sets in this pack are as follows: Set 1 - describe experience strength accident recover heart junior occasion business promise Set 2 - regular sure explore difficult approve opposite century library immediately prove Set 3 - February remember concentrate quality particular disturb medicine surround increase behave Set 4 - injure bicycle multiply sentence though quarrel position earn congratulate grammar Set 5 - receive knowledge thought breathe interest height experiment calendar guide continue Set 6 - often certain favourite extreme eighth material decide answer reign surprise Set 7 - believe caught early address circle mention peculiar famous exercise actual Set 8 - breath consider earth guard forward murmur possess quarter separate through Set 9 - build different enough appear island complete fruit centre arrive disappear Set 10 - group notice recent heard ordinary special history perhaps straight imagine Set 11 - popular strange important possible suppose learn potatoes therefore length pressure Set 12 - various minute probably weight natural purpose women naughty question although
However, they may be tax deductible as ordinary and necessary business expenses subject to restrictions imposed by the Omnibus Budget Reconciliation Act of 1993 as a result of association lobbying activities.
Corporate Class Dividend Estimates as of February 21, 2017Bridgehouse Corporate Class Inc. has declared ordinary dividends to shareholders in the Greystone Canadian Equity Income & Growth Class and Sionna Canadian Equity Private Pool payable on February 22, 2017 to shareholders of record at the close of business on February 21, 2017.
It is not an asset intended for sale in the ordinary course of business, such as an inventory item.
Daily access to information concerning the Fund's portfolio holdings also is permitted (i) to certain personnel of those service providers that are involved in portfolio management and providing administrative, operational, risk management, or other support to portfolio management, including affiliated broker - dealers and / or Authorized Participants, and (ii) to other personnel of the Advisor, Sub-Advisor, and other service providers, such as the Administrator, and fund accountant, who deal directly with, or assist in, functions related to investment management, administration, custody and fund accounting, as may be necessary to conduct business in the ordinary course in a manner consistent with agreements with the Fund and / or the terms of the Fund's current registration statement.
From time to time, information concerning Fund portfolio holdings, other than portfolio holdings information made available in connection with the creation / redemption process, as discussed above, may also be provided to other entities that provide additional services to the Fund, including, among others, rating or ranking organizations, in the ordinary course of business, no earlier than one Business Day following the date of the infobusiness, no earlier than one Business Day following the date of the infoBusiness Day following the date of the information.
Profits are typically taxed as ordinary income and at the «regular» business or personal tax rate.
In addition, our investigation of strategic options may result in added costs, potential loss of customers and key employees as well as management's distraction from ordinary - course business operations.
However, any profit may be treated as ordinary income if there was an intention of profit and the transaction was entered into in the course of carrying on a business or as a business or commercial transaction.
It was more in line with an ordinary business cycle as opposed to the long term debt cycle.
You could incorporate in Nevada or Bangladesh, and California will still levy its taxation on any business income (Single Member LLCs are disregarded as separate corporate entities, but still taxed at ordinary income rates on the personal income tax basis).
Like Trump's original plan, this new plan would reduce the corporate tax rate from 35 percent to 15 percent, eliminate most business tax breaks, tax carried interest as ordinary income, impose a one - time deemed repatriation tax on profits held abroad, repeal the estate tax, and eliminate the corporate and individual Alternative Minimum Tax.
It is a revenue officer's job to assess a case and collect back taxes from businesses and individuals with cases that are out of the ordinary, such as those who owe more than $ 100,000.
In the ordinary course of business, RBC may act as a market maker and broker in the publicly traded securities of the Company and / or Offeror and receive customary compensation, and may also actively trade securities of the Company and / or Offeror for our own account and the accounts of our customers, and, accordingly, RBC and its affiliates, may hold a long or short position in such securities.
Generally you can deduct as a business on your 1120S anything that is necessary and ordinary for your business.
In contrast, they stash as much as 31 % of their asset in businesses, 20 percentage points higher than the ordinary millennial.
It was an ordinary day as Stacy LeBaron was driving down the road, listening to one of her favorite podcasts about business and financials.
Ordinary Traveler averages $ 60,000 in affiliate sales every month and is frequently listed as one of the top travel blogs by sites like Business Insider, Pinterest, USA Today, National Geographic Traveler, and more.
But the company said on its website that travelers shouldn't be concerned: «Our airline operations will continue in the ordinary course throughout this court - supervised process,» Republic said, promising that from the passenger's standpoint, it will be business as usual.
a b c d e f g h i j k l m n o p q r s t u v w x y z