Sentences with phrase «at federal taxpayer»

When combined with a federal tax loophole that allows taxpayers to receive a federal deduction on a dollar - for - dollar state tax credit, 10 of these states» credits are so lucrative that they allow some upper - income taxpayers to turn a profit (at federal taxpayer expense) on contributions they make to fund private school vouchers.

Not exact matches

Taxpayers» strategy in late 2012 that aimed at avoiding federal income tax hikes in 2013 produced a 10.8 % jump in state personal income tax collections in the fourth quarter of 2012 compared to the same period the previous year, researchers found.

One of the major problems with Australian politics at both the state and federal level is taxpayer funding of election campaigns.

The estimated federal tax savings below are for a single, childless taxpayer who owns a house valued at three times their salary.

ALBANY, N.Y., March 31 - New York Governor Andrew Cuomo and the state legislature agreed late on Friday on a $ 168 billion budget for fiscal 2019, including measures aimed at offsetting damage to taxpayers from new federal tax changes.

[fn.3] As a result, this taxpayer previously taking the standard deduction but now itemizing could donate $ 10,000 to the state infrastructure program and save at least $ 11,120 — $ 10,000 in state taxes and $ 1,120 in federal.

Academic freedom is frequently inhibited at Catholic universities and colleges — public agencies that often are federal contractors — with consequent injustice to the students and to the taxpayers.

A bill introduced Thursday night by Sen. Simcha Felder would change the state's tax law in order to address the federal tax overhaul that caps the amount of money taxpayers can deduct in state and local taxes at $ 10,000.

«Our state is being shortchanged, and New York taxpayers are bearing the brunt of Washington's unfair decisions,» Chiavacci Farley said in the video, tallying the federal imbalance of payments at $ 40 billion a year.

This Sunday, May 4th, is Tax Freedom Day — the day when taxpayers have symbolically worked long enough to pay off all of their tax bills at the federal, state and local levels and take a buck home.

De Blasio also hired an attorney to represent him personally in the federal and state probes and the city hired two white shoe law firms at taxpayer expense to represent the city.

The new federal tax law that caps state and local tax deductions at $ 10,000 sent officials in high - tax states like New Jersey scrambling to blunt the potential impact on taxpayers.

«I would bring local control back to town government, take advantage of our local resources, especially our water system, fight for the taxpayer at every level, especially state and federal, and get water and sewer projects back on track to be in the best interests of the town, not just a cost burden directed by others.»

He discussed at length how the law ends the longtime practice of letting taxpayers deduct state and local taxes from their Federal income taxes, which he said will take a significant chunk of New Yorker's income next year.

The SALT cap also will increase the effective cost of State and local government services at the margin; each new dollar of State and local government spending will cost New York taxpayers more than under previous federal law.

GE had net operating losses at the height of the financial crisis that federal law allows them — and every other corporate taxpayer — to carry over to subsequent tax years so as not to unfairly burden it with the calendar set by bureaucracy.

In the Manhattan federal corruption case, Howe has admitted to pocketing hundreds of thousands of dollars from developers and from rigged bids on state contracts linked to the upstate Buffalo Billion economic - revitalization plan — at the same time he was working as a consultant to the taxpayer - funded program.

Just a day after state Attorney General Andrew Cuomo filed suit against State Senate Majority Leader Pedro Espada for «looting» his taxpayer - backed Soundview Health Clinic for more than $ 14 million to fund his own lavish lifestyle, state and federal authorities appeared at the facility with criminal search warrants.

With news of the widening federal probe, it's looking like Cuomo's political future, as well as taxpayer funds, are at risk.

«I laugh at all those who turned up their nose at me,» said Shirley L. Huntley, a former state senator from Queens who spent 10 months in federal prison in Danbury, Conn. — the institution on which the women's prison in «Orange Is the New Black» is based — after pleading guilty in 2013 to stealing more than $ 87,000 in taxpayer money through a nonprofit she ran.

He added that Schneiderman has filed more than 100 lawsuits at taxpayer expense against the Trump administration and the federal government while being «totally invisible» when it comes to taking on the Buffalo Billion scandal and other Albany corruption.

Two state - affiliated development corporations at the center of a federal corruption probe operated for years without rules commonly used by government agencies to promote competition, discourage favoritism and get the best deal for taxpayers when choosing companies to do business -LSB-...]

Two state - affiliated development corporations at the center of a federal corruption probe operated for years without rules commonly used by government agencies to promote competition, discourage favoritism and get the best deal for taxpayers when choosing companies to do business with.

At both the state and federal level, media reports have indicated it is common practice for governments to use taxpayer funded slush funds and confidentiality agreements to hide workplace harassment and sexual harassment from the public eye.

Stamper would like to see the federal government put out requests for proposals and provide grants to develop best practices curriculum at the national level, although given the way our police forces are organized, he says, local agencies would still have to pick up the tab for actual training, which means fund appropriations from city or state politicians and taxpayers.

When introducing the bill, Senator Maria Cantwell (D — WA) said that about 1000 chimpanzees, half owned by the federal government, «languish at great taxpayer expense in six research laboratories across the nation.»

Some have also argued that at the very least this new discovery means that federal taxpayers should not fund the destruction of embryos for research (which could proceed in the private sector) and public money should support this new alternative.

There's the ongoing special - counsel investigation into whether the Trump campaign aided a Russian campaign to aid Trump's candidacy and defeat his Democratic rival, Hillary Clinton; there's the associated inquiry into whether the president obstructed justice when he fired former FBI Director James Comey, whom he had asked not to investigate his former national - security adviser; there are the president's hush - money payments to women with whom he allegedly had extramarital affairs, made through his personal attorney, Michael Cohen, and facilitated by corporate cash paid to influence the White House; there is his ongoing effort to interfere with the Russia inquiry and politicize federal law enforcement; there are the foreign governments that seem to be utilizing the president's properties as vehicles for influencing administration policy; there's the emerging evidence that Trump campaign officials sought aid not only from Russia, but from other foreign countries, which may have affected Trump's foreign policy; there are the ongoing revelations of the president's Cabinet officials» misusing taxpayer funds; there is the accumulating evidence that administration decisions are made at the behest of private industry, in particular those in which Republican donors have significant interests.

At the same time, taxpayers can also reduce their federal taxable income by deducting their charitable contributions.

When President Bush released his spending plan for fiscal 2007 last week, his administration simultaneously unveiled a new Internet site that officials say is aimed at making sure taxpayers know how well, or how poorly, federal programs are working.

«If a federal bill was poorly drafted,» Davis says, «you could open up these sorts of problems, with taxpayers being able to turn a profit at the public expense.»

As a result of their ill - conceived policies billions of dollars in public taxpayer funds at the federal level and tens of millions of dollars here in Connecticut are being shifted away from classroom instruction so that corporate education reform companies can continue to make even more money.

Over 18 million taxpayers are projected to receive the Earned Income Tax Credit (EITC) in tax year 1997, at a total cost to the federal government of about 25 billion dollars.

Low - income students can access taxpayer dollars through federal Pell Grants to help pay for tuition at private institutions such as Southern Methodist University (SMU) and Texas Christian University (TCU).

Since 90 percent of all K — 12 education funding is generated at the state and local level, it should be directed by state and local taxpayers, free from federal red tape.

The GOP tax bill caps the property tax deduction at $ 10,000 and eliminates the sales and income tax deductions that taxpayers can claim on their federal taxes.

In general, taxpayers must only claim state or local income tax refunds as income when they previously claimed a federal deduction at the time the state or local income taxes were paid.

For some taxpayers, this may mean looking closely at the interplay between the tax benefit from the credits vs. the total tax savings (federal and state combined) of the tuition and fees deduction.

In addition to paying federal taxes, taxpayers are assessed tax at the state and local level in several different forms.

There are a number of common tax deductions and also many overlooked tax deductions at the federal and state tax level that taxpayers can utilize to lower their taxable income.

The Federal Income Tax brackets and marginal tax rates for 2012 are out, and we'll take a look at how the changes affect single taxpayers, those who are married filing jointly, those married filing separately, and head of household.

Generally, the IRS caps the credit amount at the taxpayer's federal tax liabilities.

The IRS Commissioner, John Koskinen, admitted that 100,000 taxpayers were put at risk when they used the IRS tool to apply for federal aid because of the hackers.

In 2018, most taxpayers will pay federal taxes at a 12 % marginal rate or lower.

While contributions are not deductible at the federal level, Iowa taxpayers may deduct some contributions from their adjusted gross income.

The liquidity and efficiency of the Treasury market allows the federal government to finance ongoing operations in an efficient way at the lowest possible cost to taxpayers over time.

As with all mutual funds, Transamerica funds may be required to withhold U.S. federal income tax at the fourth lowest tax rate applicable to unmarried individuals (24 % as of January 1, 2018) on all taxable distributions payable to you if: a) you fail to provide the fund with your correct taxpayer identification number; b) you fail to make required certifications; or c) if you have been notified by the IRS that you are subject to backup withholding.

Lifetime Learning Credits are available to all taxpayers who attend at least one course during the year at an institution eligible to participate in the federal student aid program.

Standard deductions ensure that all taxpayers have at least some income that is not subject to federal income tax.

We do not receive any state or federal funding and operate as a full - time Humane Animal Law Enforcement Agency at no cost to Massachusetts taxpayers.