Sentences with phrase «claimed as an expense»

There's no business substance in such a trip, it is your vacation, and as such can not be claimed as an expense against the rental income.

If you pay for a meal on a trip, how much can you claim as expense.

However, read strictly, the filing of expense claims as a Senator or other public official is done in the person's official capacity, and repaying money wrongly claimed as an expense would be «in respect of» that act.

If Zoocasa earns the 35 % as gross income (the Realtor therefore is effectively Zoocasa's financial benefactor, so to speak) and Zoocasa then pays income tax on that income, how does that 35 % show up on the participating Realtor's T - 4 in order for the Realtor to avoid being taxed on it but to thereafter be able to claim it as an expense?

On the other hand they all can be claimed as expenses.

Not exact matches

Sousa has also written to the federal government asking them to delay HST input tax credits that would have allowed companies with $ 10 million or more in sales to claim certain expenses such as meals, drinks and entertainment until 2018.

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

As banks and institutional lenders eventually made better use of technology and provided funding at attractive rates, they have claimed market share at the expense of alternative lenders.

In the opinion of the Company's management, a discussion of loss reserve development is meaningful to users of the financial statements as it allows them to assess the impact between prior and current year development on incurred claims and claim adjustment expenses, net and core income (loss), and changes in claims and claim adjustment expense reserve levels from period to period.

«So if you claimed 10 % of your home as a business expense, they could tax a 10 % portion of your gain when you go sell.»

In the opinion of the Company's management, adjusted book value per share is useful in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserves.

As it stands, medical expenses must exceed 10 percent of your adjusted gross income for you to claim the deduction.

Deductions: There are easy options for taking deductions for many business expenses for gig workers, such as claiming the standard mileage rate for Lyft drivers.

You agree to defend, indemnify and hold harmless NBCUniversal, its affiliates and their respective directors, officers, employees and agents from and against any and all claims, demands, actions, suits or proceedings, as well as any and all losses, liabilities, damages, costs and expenses (including reasonable legal fees and costs) arising out of or accruing from (a) any breach of these terms, including any of the foregoing provisions, representations or warranties, and / or from your placement or transmission of any content onto NBCUniversal's servers, and / or from any and all use of your account; (b) any material posted or otherwise provided by you (including without limitation User Content), or any other subscriber or user of your account that infringes any intellectual property right of any person or entity or defames any person or violates their rights of publicity or privacy; (c) any misrepresentation made by you in connection with your use of the online services; and (d) any breach of any of the representation, warranties or other terms or conditions relating to use of your User Content or the online services.

This all helps lower its tax bill since a portion of those costs can be expensed right away while the remaining costs can be claimed as future capital cost allowances.

If you have a safety deposit box and have been claiming the cost of keeping that box as a work or investment related expense you will no longer be able to.

Asked about the claim often made by management that options need not be listed as an expense because they are worthless, Spector replies, «That's a lot of gibberish.

Often, getting your personal life out of your business starts with deductions — what you can claim as a business expense, and what you can't.

It's tax season — time to ponder that annual conundrum: How much of my vehicle usage can I claim as a business expense?

My recommendation is to always save, or track, any items you think you might even want to claim as a business expense.

If you're claiming it as an Input Tax Credit, deduct it from your claimed expense on your income tax form.

«When you claim the GST / HST you paid on your business expenses as an input tax credit, reduce the amounts of the business expenses you show on Form T2125, Statement of Business or Professional Activities, by the amount of the input tax credit.

For C corps, they can claim more tax deductions than a partnership may be able to, write off benefits for employees (like health insurance) as business expenses, and are at much less risk of being audited as opposed to an LLC or sole proprietorship structure.

So if you hired someone or subcontracted some work to someone sometime during the current tax year, when you were claiming their wages or fees as an expense (on Form T2125 of the T1 income tax return if your business is a sole proprietorship or a partnership), you would deduct the GST / HST if you had already claimed it as GST / HST paid out when you filed your GST / HST return for the appropriate period.

In the meantime, Quail claims these hidden costs will only rise as interest is compounded on the deferred expenses.

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

They conferred substantial financial benefits on Retrophin's already highly - compensated founder at Retrophin's expense and provided no benefit to Retrophin other than a release of claims relating to actions that Shkreli undertook in his capacity as the manager of the MSMB Funds.

As shown in the table, the November 2012 Update projects an increase in total expenses between 2012 - 13 and 2013 - 14 while the Main Estimates claim a decline of $ 6.5 billion.

Indemnification As a condition of your use of the Services, you agree to indemnify and hold Wellington Management, its affiliates, and its and their respective partners, directors, employees, and agents harmless from and against any and all claims, losses, liability, costs, and expenses (including but not limited to attorneys» fees) arising from your use of the web site or from your violation of these Terms.

Also remember that the IRS will not allow you to claim different tax breaks for the same expenses (known as «double - dipping»), so make sure you understand which mixture of tax benefits works for you.

The Company records advertising and marketing development fund programs with customers as a reduction to revenue unless it receives an identifiable benefit in exchange for credits claimed by the customer and can reasonably estimate the fair value of the identifiable benefit received, in which case the Company records it as a marketing expense.

Joint filers enjoy claiming benefits such as the earned income tax credit, education expenses, adoption costs, or itemizing some deductions.

You could likely deduct the cost of travel as a job hunting expense on your 2014 tax return, but you would have to claim the reimbursement as income on your 2015 return.

Though you're absolutely allowed to write off legitimate medical expenses as a deduction, it's important to be precise with what you claim to avoid IRS problems down the line.

As long as you're 65 or older, you can claim a deduction for medical expenses that exceed 7.5 % of your adjusted gross income; you don't need to reach that 10 % thresholAs long as you're 65 or older, you can claim a deduction for medical expenses that exceed 7.5 % of your adjusted gross income; you don't need to reach that 10 % thresholas you're 65 or older, you can claim a deduction for medical expenses that exceed 7.5 % of your adjusted gross income; you don't need to reach that 10 % threshold.

According to the Canada Revenue Agency's General Information For GST / HST Registrants» Guide, you may claim Input Tax Credits for operating expenses such as commercial rent, utilities, and office supplies, and for meal and entertainment expenses.

The first out ABL lenders sought full payment for contingent indemnification claims and certain expenses as a condition to a credit bid by Standard General, its counterparty under the 2013 credit agreement AAL.

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This strategy works even though you are the one paying the educational expenses, as the payments are considered gifts to your child, and then treated as if they paid the expenses when claiming the tax credit.

Such indemnity shall include payment from the Trust of the costs and expenses incurred by such Trustee Indemnified Party in defending itself against any claim or liability in its capacity as Trustee.

Among them are the rights to: bullet joint parenting; bullet joint adoption; bullet joint foster care, custody, and visitation (including non-biological parents); bullet status as next - of - kin for hospital visits and medical decisions where one partner is too ill to be competent; bullet joint insurance policies for home, auto and health; bullet dissolution and divorce protections such as community property and child support; bullet immigration and residency for partners from other countries; bullet inheritance automatically in the absence of a will; bullet joint leases with automatic renewal rights in the event one partner dies or leaves the house or apartment; bullet inheritance of jointly - owned real and personal property through the right of survivorship (which avoids the time and expense and taxes in probate); bullet benefits such as annuities, pension plans, Social Security, and Medicare; bullet spousal exemptions to property tax increases upon the death of one partner who is a co-owner of the home; bullet veterans» discounts on medical care, education, and home loans; joint filing of tax returns; bullet joint filing of customs claims when traveling; bullet wrongful death benefits for a surviving partner and children; bullet bereavement or sick leave to care for a partner or child; bullet decision - making power with respect to whether a deceased partner will be cremated or not and where to bury him or her; bullet crime victims» recovery benefits; bullet loss of consortium tort benefits; bullet domestic violence protection orders; bullet judicial protections and evidentiary immunity; bullet and more...

Eligible claims include reimbursement of travel expenses for a single promotional visit to these markets, the cost of providing free samples of the Australian wine product you're promoting for export, participation in trade fairs and in - store promotions, as well as marketing and advertising.

This non-deductible percentage pertains to the amount that can not be claimed as a business expense by BA members on their... More

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I tried some creative accounting when I was employed by Arsenal to write a page in the programme for each match, one season, by claiming the cost of my season ticket as an «expense».

Along with fellow Commissioner Michael Scott, a host of elected officials and invited guests, the tandem took aim at critics, including some media members who have characterized the proposed park as being Mayor Richard Daley's multi-million dollar playground, and have claimed the Northerly Island project is being pushed forward at the expense of several neighborhood parks that have fallen into disrepair.

HMRC will record this as an unreimbursed business expense albeit in fact it simply reflects the employee's legitimate claim for tax relief on the expense he or she has incurred.

He claimed # 130,000 in expenses and staffing costs as an MP during a period when he only visited the Commons six times.