Sentences with phrase «by taxpayers who»

The Internal Revenue Service (IRS) Section of the tax code is used by taxpayers who own real and tangible and intangible personal property such as vacation and commercial property, aircraft, equipment, collectible vintage cars, artwork or franchise rights, that is held in the productive use of a business or for investment.

Use of these roads and walkways leads to wear and tear, the repair of which has historically been paid for by the taxpayers who make use of these paths.

In North Carolina, tax credits taken by taxpayers who developed renewable energy projects between 2007 and 2014 returned $ 1.54 to state or local government revenue for every $ 1.00 of incentive.

Pozen further asserts that many of these losses were attributed to mortgage and tax fraud perpetrated by home buyers who were ineligible for the tax credit, or by taxpayers who claimed to have bought homes when they hadn't.

Estimated tax payments are quarterly payments made by taxpayers who have income but no tax withholdings during the year.

Seems to me that since their salary is being paid by taxpayers who in turn pay teachers — most of whom are forced to pay union dues — it is only proper that those who grouse about the rich not paying their «fair share» should show us all that they are being consistent and above board.

Most of the new money would be paid by taxpayers who can no longer take advantage of former deductions.

School funding's been decimated by the recession and by taxpayers who want the best education system in the world but don't want to pony up the taxes to pay for it.

A related party corporation or partnership is one where more than 50 % of the stock or more than 50 % of the capital interest is owned by the taxpayer who owns the corporation or partnership.

Net contributions by a taxpayer who does not claim the Minnesota tax credit for contributions are deductible for Minnesota income tax purposes each year up to $ 3,000 for joint income tax return filers and $ 1,500 for all other filers.

The term qualified smart electric meter means any smart electric meter which is placed in service by a taxpayer who is a supplier of electric energy or a provider of electric energy services.

Not exact matches

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.

In 2011, Mayor Michael Bloomberg hired the city's first - ever chief digital officer, Rachel Sterne, who was a 27 - year - old entrepreneur and Columbia Business School prof, to help the city use technology to better serve citizens and save taxpayer money by making services more efficient and accessible online.

A taxpayer who sells their primary residence must reduce their original cost plus improvements by the amount of depreciation taken on the business use of the home.

«The Treasury Department estimates that the Administration's tax cut proposals would (1) increase tax receipts from the AMT by $ 262 billion over the 2002 - 2011 period, and (2) increase the number of taxpayers in 2011 who have additional tax liability because of the AMT from 20.4 million to 34.7 million.»

John McCain of Arizona, who is the panel's senior Republican, said: «Apple claims to be the largest U.S. corporate taxpayer, but by sheer size and scale, it is also among America's largest tax avoiders.»

High - income taxpayers have their itemized deductions reduced by the limitation on itemized deductions, called «Pease» after the Ohio congressman who proposed the provision.

The Senate bill also eliminates the personal exemption many Americans take to lower their taxable income, but it does expand the tax credits for families with children and nearly doubles the «standard deduction» taken by tens of millions of taxpayers who don't itemize their returns.

The JCT's report showed that the total savings for taxpayers who use the mortgage interest deduction will drop by more than half in 2018.

The ouster of Veterans Affairs Secretary David Shulkin, who has been mired in scandal over his charging taxpayers for luxury travel expenses and the infighting among his senior aides, had been widely expected and was made official at 5:31 p.m. by presidential tweet.

The exclusion may be claimed by any «taxpayer» who meets the statutory requirements.

(Taxpayers may also reduce their tax bill by up to $ 500 for other dependents who are not children.)

The intent of FATCA is to discourage tax evasion by U.S. taxpayers who hold financial assets with non-U.S. financial institutions.

The limitation on itemized deductions (sometimes called «Pease» after the Ohio congressman who proposed it) reduces deductions for high - income taxpayers by 3 percent of the amount by which their AGI exceeds a threshold — $ 261,500 in 2017 ($ 287,650 for heads of household, $ 313,800 for married couples filing jointly, and half of that for married couples filing separately)-- but not by more than 80 percent of deductions claimed.

The president's comments on the matter came during a town hall event in Maryland, when a questioner who identified herself as an atheist pressed Obama on statements he made as a candidate in 2008 suggesting he was against permitting discriminatory hiring among faith - based organizations backed by taxpayer dollars.

As part of their twenty - five - year operator agreement with stadium owners E20 Stadium LLP these invoices will be passed on to the London Legacy Development Corporation (LLDC) who are funded by the London Mayor and ultimately the London taxpayer.

What isn't in dispute is who will foot the bill for the expected legal battle between the two units of local government, both funded by Vernon Hills taxpayers.

The bill was approved 56 - 2, with the dissenting votes cast by Democratic Sens. Liz Krueger and Brad Hoylman, who had wanted planks such as a ban on confidential settlements involving taxpayer funds to be stronger and have more protections for survivors.

The ad ends with this kicker: «Carl Paladino, a welfare king who got rich by milking New York taxpayers.

«Would County Executive Bellone and the Democrat party rather we return to the «extreme» liberal policies enacted by an all - Democrat State Legislature and their new state chairman, former Governor David Paterson who, in 2009 and 2010, brought hardworking taxpayers 124 different taxes and fees totaling $ 14 billion?

NYS taxpayers are supposed to reward people who are in this country illegally by paying for lawyers to help them stay if caught.

Paladino's running mate, Chautauqua County Executive Greg Edwards, expressed «disappointment» that Mahoney had «failed to recognize the tsunami of support Carl Paladino has and is receiving from the people that matter — the taxpayers of the state of New York State who work hard, play by the rules, and expect their leaders to stand up for what is right.»

An assistant to Mayor Bloomberg who is paid by both the taxpayers and the billionaire mayor is reportedly a key witness in the case of the missing $ 750,000 that has been bedeviling the Indys.

«As evidenced by her pledge to not raise taxes, Wendy Long is the only candidate in the race who will stand firm in her convictions, protect taxpayers and job creators, not flip - flop, and offer voters a clear and compelling alternative to Turner, Maragos in June and Gillibrand in November.»

«This funding will be available to give relief to the city, school district and Chautauqua County and their taxpayers who would be severely hurt by the loss of the payment - in - lieu - of - taxes (PILOT) from the NRG power plant,» Young said.

Public financing is opposed by Senate Republicans, who hold a 32 - 29 majority, and argue that taxpayer money shouldn't go toward potentially corrupt politicians.

Gov. Andrew Cuomo, who got the ball rolling against Pedro Espada Jr. during his stint as state attorney general, clearly feels vindicated by the jury's conviction today of the former Senate majority leader on four counts of theft from his taxpayer - funded Bronx health clinic.

Maude began and ended quite touchy - feely, but the meat of the piece fairly accurately represented what you might expect a Tory platform on the third sector to look like: we need a «rehabilitation revolution'to tackle unprecedented levels of reoffending, fuelled by addiction, illiteracy and family breakdown; the state consistently fails to get those who have never worked, lone parents, and those on incapacity benefit back to work; charities should be paid by results; and the third sector is means of saving taxpayer money and delivering services more efficiently and effectively.

Cuomo's office has said that residents of the 24th District who do itemize their federal taxes, more than 81,000 taxpayers, would see their tax liability increase by an average of $ 2,434 under the GOP plan.

Fox will be genuinely missed among those of us who know all the good he has done for Westchester County and the many hundreds of thousands (possibly millions) in dollars he has saved the taxpayers by working his ass off keeping a close eye on public works projects.

I think a lot of Republicans are energized by the fact that [former county executive] Rob Astorino lost and they want to make sure they have somebody who's representing the taxpayers.»

«Ryan Cronin is a recycled candidate who was already rejected by the hardworking taxpayers and families of this district four years ago.

And, as a reader pointed out, it was produced and posted by the Senate Democrat - controlled (and taxpayer - funded) media services unit just two weeks before Espada faces off against his two primary opponents: Gustavo Rivera (who is being backed by a number of the majority leader's colleagues and labor unions) and Dan Padernacht.

Some of the money was allocated by state Assemblywoman Vivian Cook (D - Jamaica), who the AP said dispensed $ 30,000 in taxpayer dollars to the group in 2008.

By making this a legislative priority, John Faso, who has long been known as a creative and innovative legislator, demonstrates his commitment to providing meaningful relief to the taxpayers of this state.

Hall spokesman Patrick McGarrity said: «Our democracy is weakened by candidates who spend millions of their own dollars trying to buy elections and then force their radical ideas on people like letting corporate polluters like BP off the hook — sticking taxpayers with the bill.»

Opening arguments began this week in the federal corruption trial of Pedro Espada, Jr., and his son Pedro Gautier Espada, who are accused of using the Soundview Healthcare Network as «their own taxpayer - funded piggy bank» by funneling more than $ 500,000 from the organization and spending it on cars, spa treatments, and other personal luxuries.

And the 150 full - time representatives he identified are complemented by thousands more who spend varying degrees of the time that taxpayers are paying their salaries supporting the activities of their unions.

A request for the names and salaries of MPs» relatives who are paid for by the taxpayer to be published was blocked by the Speaker Michael Martin in 2006.

«Businesses found making these illicit sales will be held accountable for defrauding New York State taxpayers and placing retailers who are playing by the rules at a competitive disadvantage.»