Sentences with phrase «aware of some tax credits»

Most Lyme victims, like myself, with little household income are eligible for tax credit subsidies on our insurance premiums but many lyme disease victims are not aware of the tax credit subsidies.

Many individuals are often not aware of some tax credits they may claim to help offset their tax liability.

I wasn't aware of the tax credits; probably should have applied for those.

Not exact matches

Are you aware that there are Investment Tax Credits (ITCs) for Canadian businesses that will let you subtract the cost of some types of property your small business acquired or some of the expenditures your small business incurred right off the top of the taxes you owe?

Here are some common deductions and tax credits you should be aware of.

The lieutenant governor pointed out there are always challenges in trying to balance a $ 168 billion budget, but she said the state is very aware of the importance of historic tax credits — specifically to upstate cities like Buffalo, Rochester and Syracuse.

Do more to ensure that tax credit and universal credit claimants are aware of their right to deduct unreimbursed expenses from their income, and the limitations of Real Time Information data in this respect

«It's utterly unprecedented in the United States,» said Paul Sonn, legal co-director of the National Employment Law Project in Washington, D.C. «We're not aware of any state that has adopted a tax credit remotely resembling this one, which will have the taxpayer pick up the tab for the cost of the minimum wage increase for a certain category of worker.»

Also in 1999, the McKay Scholarship program in Florida — many of you may not be aware, but there are actually three choice programs in Florida, both a tax credit program that allows people to, I think it's corporations, to give to private scholarship organizations.

«Are you aware of the changes that the proposed tax plan may have on your ability to claim the student loan interest deduction tax credit?»

Well aware of all of the details you mention; but please note that all credit is paid back w / after - tax dollars (even mortgages, but you can claim the interest).

I wasn't aware of the «American Opportunity» tax credit.

However, be aware that certain types of debt such as medical bills, recent evictions, taxes, etc., are not always listed on a credit report, so it is important that you bring a list of your unlisted debts with you and any lawsuits or judgments you may have recently received.

The first - time home buyer tax credit may be no more, but there are a number of tax breaks new homeowners may not be aware of.

As the April 15 deadline to file taxes approaches, it's important for college students and their parents to be aware of education tax credits, which can save families thousands of dollars a year.

Given the low rate of tax paid by superannuation funds, their ability since 2000 to recoup excess franking credits, and the large difference in tax effect between working and pension members, one would assume that super trustees would be among the most tax aware of investment fiduciaries.

In practice, though, the introduction of the premium assistance tax credit creates a new series of rules that financial planners must be aware of, for a wide range of clients who may potentially be eligible for the credit, which can apply for individuals with income up to $ 47,080 and a family of four earning $ 97,000 (in 2015, and adjusted annually for inflation).

We will cover more on the new tax plan soon, however, some things you need to be aware of include the doubling of the standard deduction and child tax credits and the elimination of personal exemptions.

Almost 77 % of the survey respondents who think they'll owe money to the IRS plan to settle that bill with a single cash payment, even though 60.1 % are aware of the installment options for tax payments and 52.1 % realize they could pay with a credit card.

GELLERMAN: Now I'm sure you're aware that at the end of this year the federal wind energy production tax credits expire - Congress has not voted on them.

Read more: Resist the temptation to lower your homeowner's insurance tax credits every homeowner should be aware of Best and...

To summarize, in the context of your divorce if you and your spouse are settling credit card debt, selling your home at a short sale, or your home is going into foreclosure, you should be aware that you may have to deal with the tax consequences of the canceled debt income on the back end.

Lenders and insurers are well aware of the tax write - offs that self - employed borrowers can leverage, but these deals are accepted or declined based on average incomes for specific fields, as well as the borrower's credit rating.

«Canadians can take full benefit from the following Tax Credit and Savings provided they are aware of them.

Methodology: GOBankingRates surveyed all 50 states, analyzing eight data points that served as determining factors in the ranking: (1) median household income, sourced from the Census Bureau in 2015 dollars; (2) median home listing price as of June 2017, sourced from Zillow; (3) food spending, using the grocery index sourced from Missouri Economic Research and Information Center and multiplying it against the average amount spent on food from the BLS consumer spending survey from July 2015 - July 2016; (4) employee health insurance premium contribution, sourced from the Commonwealth Fund; (5) annual child care costs for an infant and a 4 - year - old, sourced from Child Care Aware of America; (6) whether the state offers paid time - off for family leave; (7) whether the state has expanded the earned - income Tax Credit at the state level; (8) whether the state expanded Medicaid coverage as part of the Affordable Care Act.