Sentences with phrase «by federal tax»

However, home buyers who have taken out mortgages in excess of $ 750,000 will be capped on the amount of mortgage interest they can deduct — which means they will be adversely affected by the federal tax plan.

She reviewed the history of Russian regulators» uneasy relations with cryptocurrencies and specifically dwelt on the last year's open letter by the Federal Tax Service concerning taxation of cryptocurrencies.

Your premiums are now also effected by federal tax subsidies and new mandates that require essential benefit packages to be included on all new policies.

Via a post on the Land Use Prof Blog, I discovered that San Francisco (funded by your federal tax dollars) has, over the past couple of weeks, begun toying with a system of variable rate, electronically monitored parking meters, the stated goal of which is «collecting and distributing real - time information about where parking is available so drivers can quickly find open spaces,» and instituting «demand - responsive pricing.»

I can't say that I'm surprised that Amtrak was overbilled, since it's largely subsidized by federal tax dollars.

In 1991, Mitchell Energy completed the first horizontal frac in the Texas Barnett shale, a project subsidized by the Gas Research Institute, which was funded by a federal tax on gas pipelines.

That ruling was quickly over-ruled by the federal tax commissioner.

The rules for 401 (k) s are set by federal tax codes and retirement law, but IRAs are controlled by state law.

It will be handicapped by the federal tax credit: By the time the Model 3 actually ships, with a base price around $ 35,000, the company's tax credits for EVs may have been all but used up by Model S and Model X sales.

The Los Angeles Charter School New Markets Loan Fund was made possible by a federal tax - credit program aimed at spurring investment in low - income communities.

In a Monday address in Albany highlighting his 2018 budget proposals, Gov. Andrew Cuomo said the state's spending priorities had been shaped by federal tax reform and other potential threats from Washington, D.C.

Revenues from the ongoing Wall Street rally will be a «bright spot» heading into potentially difficult state budget talks complicated by the federal tax overhaul, but New York government leaders shouldn't count on stock market gains to cover a deficit projected to be in the billions of dollars, the state's top fiscal officer said Tuesday.

Daniel Dromm, a Queens city councilman and the head of the council's Finance Committee, and New York City Independent Budget Office Director Ronnie Lowenstein, join «In Focus» Host Cheryl Wills to dig a little deeper into Mayor Bill de Blasio's budget plan and the programs that might be impacted by the federal tax bill and the possible loss of millions of dollars in state revenue.

«We know they're facing a $ 4 billion budget deficit in addition to the issues associated with the impact to New York by the federal tax reform bill,» said Poloncarz.

Long Island is No. 1 on a list of the top 10 metro areas in the US with the greatest share of homeowners who pay $ 10,000 or more in property taxes annually, and thus would be hit hardest by the federal tax bill.

Andrew Cuomo of New York, Dannel Malloy of Connecticut and Phil Murphy of New Jersey announced Friday that they're talking to leaders of other states that stand to be hurt by the federal tax plan that's expected to cost taxpayers in their states billions of dollars.

«There are 1 million taxpayers out of 9 million filers that are going to be substantially hurt» by the federal tax law, Wilde said in an interview.

A major project aimed at revitalizing Buffalo's impoverished east side could be threatened by the federal tax reform bill U.S. Senator Chuck Schumer, D - NY, said Monday.

Governor Cuomo is taking dramatic action to fight the federal tax assault on New York caused by the federal Tax Cuts and Jobs Act of 2017.

The membership based association is open to all Massachusetts breweries licensed by the federal Tax and Trade Bureau and the Commonwealth's Alcoholic Beverages Control Commission and

The membership based association is open to all Massachusetts breweries licensed by the federal Tax and Trade Bureau and the Commonwealth's Alcoholic Beverages Control Commission and is a 501 (c)(6) non-profit corporation.

Surging consumer and business confidence is expected to get a boost in 2018 by federal tax reform legislation, which took effect in 2018.

The rules for 401 (k) s are set by federal tax codes and retirement law, but IRAs are controlled by state law.

U.S. equity markets also should be supported by federal tax reform.

Most estates are too small to be affected by federal taxes.

Not exact matches

The Republican tax bill would add $ 1 trillion to the federal deficit over the next decade, according to an analysis by the Joint Committee on Taxation.

By paying workers as independent contractors when they should be paid as employees, federal, state and local governments potentially miss out on tax revenue they would otherwise collect; this tax gap was the focus of a special report to Congress in 2011 and continues to be an area of focus today.

Specifically, getting Congress to go along with raising the federal gas tax by 25 cents a gallon.

That would require raising federal tax collections by between 21 % and 22 % over that period.

Out of the data on 56 Canadian taxes borne and collected by the governments provided by the surveyed firms, the federal government collects 61 % of the $ 68.5 billion TTC, based on 19 federal taxes.

The federal government recently announced that it is killing the «tampon tax,» effective July 1st, by removing the GST on products that are «marketed exclusively for feminine hygiene purposes.»

The government expects the anti-smoke move will increase federal tax revenues by $ 685 million in 2014 - 15 — a major piece of the puzzle in Tory efforts to balance the books over the next two years.

The stock has surged 41 % since President Donald Trump's November election, surprising many who predicted the company led by billionaire Elon Musk would suffer under a Republican government averse to supporting clean - energy companies with federal tax subsidies.

Federal Finance Minister Jim Flaherty first commissioned his own study, authored by University of Calgary tax - policy expert Jack Mintz, then in March initiated a public consultation process, by which time talk of a government - run supplemental pension plan, whether regional or national, began to fade.

But he also revealed plans to promote consumption by converting federal fleets to natural gas, offering tax incentives to transport companies for converting their vehicles, and creating five highway corridors, each with a string of natural gas fuel stations.

By narrowly focusing on the $ 10,000 SALT cap, state lawmakers are pursuing an economic fix for the very taxpayers who will benefit most from the federal tax bill.

Low rates could also help shrink the federal budget deficit by easing the government's borrowing costs and generating tax revenue from stronger growth, Bernanke argued.

But some state officials, incensed by the new federal tax law's $ 10,000 limit on deductions for state and local taxes (SALT), appear to have forgotten this sage advice and are considering proposals to help their residents avoid these limits.

They also follow a recent pledge by the bank to build more branches and expand hiring in underserved neighborhoods and expand its philanthropic work, in response to an expected windfall from the passage of federal corporate tax cuts last year.

The first case, known as Halbig v. Burwell, contests the tax subsidies individuals get through exchanges run by the federal government.

The President boosted the number of federal regulations affecting small businesses by 13 percent during his first term in office, leading governmental regulation and red tape to overtake sales, taxes and the cost / availability of insurance as small business's biggest problem, respondents to the National Federation of Independent Business small business survey explain.

Although both appellants and the government argue that the ACA, read in its totality, evinces clear congressional intent, they dispute what that intent actually is... We conclude that the appellants have the better of the argument: a federal Exchange is not an «Exchange established by the State,» and section 36B does not authorize the IRS to provide tax credits for insurance purchased on federal Exchanges.

Unless the economy catches fire (which Trump says it will), his plan will reduce federal tax revenues by $ 6.2 billion over 10 years, the Tax Policy Center satax revenues by $ 6.2 billion over 10 years, the Tax Policy Center saTax Policy Center says.

And all of them argue that the proposed tax cuts, estimated to reduce federal revenue by more than $ 1.4 trillion, won't increase federal deficits, an assertion that's been contradicted by Congress's official tax scorekeeper.

By authorizing tax credits to those who purchase on federal exchanges, the plaintiffs say, the IRS has exceeded its authority.

Powell said individual Fed members will be crafting new projections at the central bank's meeting in March, which would be influenced by federal government's ambitious fiscal policies including tax cuts.

As I have explained elsewhere, many of the policies put in place by the Federal government since the election of President Obama in 2008 — banking reform, business regulation, tax policies, and the Affordable Care Act to name a few — have made entrepreneurship more difficult to undertake.

He was asked help reduce the huge federal debt resulting from WWI, and Mellon tackled the problem by reforming the tax structure.

About $ 1.1 billion in unclaimed federal income tax refunds are waiting for an estimated 1 million Americans who didn't file a 2014 federal income tax return, according to a recent report released by the Internal Revue Service.

According to a new report from the Joint Committee on Taxation, the House GOP tax reform bill — the Tax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion over the 10 years after it is implementtax reform bill — the Tax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion over the 10 years after it is implementTax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion over the 10 years after it is implemented.