Sentences with phrase «by withholding allowances»
He called the free riding problem the «waterbed effect» and noted that the ECR — by withholding allowances when prices are low — would put pressure on states that are doing less to comply with the program requirements.
http://www.rff.org/ Not exact matches
Flanked by two former managers and a senior manager, Siena men's basketball coach Jimmy Patsos on Friday denied allegations he verbally abused a team student manager afflicted by an anxiety disorder and withheld per diem allowances from players and team aides.
«It is unpatriotic for ITF or any government agency to deliberately bring hardship to students by withholding funds that have been released for payment of their SIWES allowances.
The Albany Times Union reported that Patsos was being investigated by the school for the alleged verbal abuse and that questions had arisen over alleged withholding of per diem allowances for players and team aides.
Claim withholding allowances to get the benefit of the Child Tax Credit by reducing your payroll taxes.
If you want to give yourself a raise by reducing the amount of taxes withheld, simply claim as many allowances as you legally can.
While you might be thinking you can reduce the amount withheld by claiming more allowances, if you don't have enough withheld during the year, you'll have to pay the balance — and possibly additional interest and penalties — when you file your taxes at the end of the year.
The worksheet asks for an estimate of your itemized deductions and adjustments to income, then has you reduce that amount by non-wage income — such as dividends and interest not covered by withholding — before determining how many allowances you should claim to reflect your tax - saving write - offs.
In determining the number of additional withholding allowances or the amount of additional reductions in withholding under this subsection, the employee may take into account (to the extent and in the manner provided by such regulations)--
By bumping the allowances you withhold even less.
However, be aware that by increasing your allowances too much, you will end up owing taxes when you file your tax return because you did not have enough money withheld from your paycheck during the year.