Sentences with phrase «credit on business expenses»

Owning a small business is risky, so entrepreneurs should avoid risking their personal credit on business expenses.

Not exact matches

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.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
By extending your payables window, sharing expenses with other business owners, creating / upgrading an online bank account to ensure prompt payments to suppliers, tightening spending and reviewing your accounts, you can help increase your company's cash flow and bypass the need to rely on additional credit to keep your business flowing smoothly.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
If you do happen to incur interest from carrying a balance on a business credit card, be sure to note it on your tax form — it counts as a business expense.
The HRC considered the fact that, despite credit write - downs in its home equity loan portfolio and a Visa - related litigation expense accrual, the Company's business performance for 2007 was strong, as exemplified by one of the highest returns on equity and returns on assets in our Peer Group.
«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 taxbusiness 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 taxbusiness expenses you show on Form T2125, Statement of Business or Professional Activities, by the amount of the input taxBusiness or Professional Activities, by the amount of the input tax credit.
In addition to being a flexible financing and purchasing tool, there are other benefits associated with business credit cards, which include more sophisticated reporting and expense tracking, the ability to issue multiple cards to employees on the same account, more flexible payment options, and often larger credit limits compared to personal credit cards.
If you have one, a few or many employees who are consistently spending money on business affairs for your company, supplying them with company credit cards may save your business hassle in expense reporting and give you perks in travel or cash rewards.
If you end up with large outstanding balances on your personal card because of business expenses, your personal credit score could take a hit.
Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).
The debt management plan will require you to close all credit accounts — in limited situations, you may be allowed to keep one credit card for business or emergency expenses — and depending on which credit counseling organization you work with, you may not be allowed to open new accounts.
If you have a habit of covering expenses on the company credit card, or are taking out more and more loans to make ends meet, chances are you should be refocusing your efforts on being debt - free and not purchasing the plush commodities you've always wanted as a business owner.
Senator Gillibrand and Assemblywoman Meng urged the U.S. Senate to vote on theSUCCESS Act of 2012, legislation that would provide investors with strong incentives to invest in small business stock, double deductions for start - up expenses, purchase new equipment, and continue tax credits that small businesses can take advantage of.
• Full deduction for disaster clean up expense • Relaxed retirement plan distribution rules — elimination of the 10 percent penalty tax that would otherwise apply on an early withdrawal from a retirement plan and permit individuals to withdraw up to $ 100,000 without penalty to cover storm - related expenses • Housing Exemptions for displaced individuals — would provide additional tax exemptions for individuals who provide free shelter for at least 60 days to anyone displaced by the storm ($ 500 exemption per person, maximum of four exemptions for the year) • Worker retention credit — would extend tax credits to business owners who continued paying wages while their businesses were forced to close.
Business credit cards that focus on on vehicular costs such as gas, travel expenses, etc..
Get a free or low - fee rewards credit card and pay for both personal and business expenses on it.
In particular cards like the Ink Business Cash ℠ Credit Card, and Ink Plus ® Business Credit Card cards have 5 % rewards on things like office supplies and utility related expenses.
If you are a freelancer responsible for paying taxes on your income or if you own a small business, then you can probably deduct some of your credit card interest as a business expense.
Small business owners appreciate the practice, because it allows them to use the cards for business expenses without worrying that they may appear heavily indebted on a personal level, says Gerri Detweiler, a credit adviser with educational web site Credit.com.
Because Marie would get upset whenever Max spent money, he began hiding his purchases by mixing them in with business expenses on his credit card.
Basically CRA is saying if you pay for business expenses on your personal credit card and then get reimbursed, the rewards you earn for these transactions create a taxable benefit.
This can be advantageous in two scenarios — if your business has major annual expenses that exceed $ 206k or if the categories on the SimplyCash ® Plus Business Credit Card from American Express don't line up with your company's vendbusiness has major annual expenses that exceed $ 206k or if the categories on the SimplyCash ® Plus Business Credit Card from American Express don't line up with your company's vendBusiness Credit Card from American Express don't line up with your company's vendor list.
If you have one, a few or many employees who are consistently spending money on business affairs for your company, supplying them with company credit cards may save your business hassle in expense reporting and give you perks in travel or cash rewards.
A credit card issued to a small business to alleviate the accounting nightmare that combining personal and business expenses on the same account creates.
Currently working as a web developer for a Fortune 500 and running a little web design side business ~ $ 100k left on mortgage, but probably getting another $ 20k this year in an equity loan to remodel $ 2k Home Depot card at 0 % interest for hardwood flooring (I'll probably move that to the equity loan before the 0 % expires) $ 6900 left on last credit card — mostly motorcycle - related expenses 4 cars are paid for.
So even if you are a small business or don't put a lot of expenses on credit, it's still a great card to get.
Both properties are financed through Manulife ONE accounts with my residence property account having a Sub-account (from my credit line) to pay the business expenses and interst on the investment property.
If you have travel expenses related to your business, you're better off charging them on a business - designated credit card like the Chase Ink Preferred than the Sapphire Preferred.
Entrepreneurs who go crazy racking up expenses on the business credit card could hurt their company's reputation and its credit score, which could affect its ability to borrow in the future.
«Business interest,» meaning interest paid on any loan taken out for business purposes, is considered a legitimate business expense, and that includes interest on crediBusiness interest,» meaning interest paid on any loan taken out for business purposes, is considered a legitimate business expense, and that includes interest on credibusiness purposes, is considered a legitimate business expense, and that includes interest on credibusiness expense, and that includes interest on credit cards.
Unlike many business credit cards for travel, you don't need to spend money on travel related expenses to rack up the rewards with this card — you can earn a healthy amount of miles with everyday purchases.
Pay your loans, bills and other revolving business expenses and creditors on time, in full; you'll bypass penalty interest rates, leave a good reputation and see it reflected in your credit score.
For instance, if your business has a $ 5,000 expense with FedEx on an eligible purchase, you can choose to receive 10,000 membership rewards points or a $ 250 statement credit.
I don't have immediate plans to apply for credit, but credit scores — which rely in part on a snapshot of an individual's credit report — affect household expenses like insurance premiums and whether or not a vendor like your electric utility requires a deposit before doing business with a consumer.
The Delta Reserve for Business Credit Card is a solid travel card for businesses that have large expenses or are focused on earning status with Delta.
Webster's Autoborrow helps you reduce interest expenses on your business line of credit by borrowing only what you need, exactly when you need it.
Monthly payments on loans, lines of credit, and leases should be included in your business expenses.
According to the poll, Canadians who currently have a line of credit secured by their home have used it to finance major purchases including home renovations (37 per cent), a car (17 per cent), basic living expenses (11 per cent), a vacation (11 per cent), a down payment on an investment property (9 per cent), children's education (5 per cent) and funding for their business (5 per cent).
If you travel on business, you may be able to charge expenses to your personal credit card and then claim reimbursement from your employer.
Check out the CreditDonkey roundup of credit cards that offer deals for all types of businesses and tips on finding the best ways to make business expenses work for you.
Keeping your personal credit separate means you can limit personal liability on business expenses — which should be of great concern to business owners.
The equipment purchased with cash from a line of credit may be eligible for two tax write - offs — a business deduction for the interest expense and a deduction for depreciation on the equipment.
Rewards programs for many business credit cards offer bonuses on common business expenses, so the question of whether a particular card is right for you comes down to how much you spend in...
Generally, the interest charges paid on a business line of credit are considered a deductible business expense as long as it is used to pay for necessary expenses in the running of your business.
If you are responsible for business purchases or travel frequently for business, it can be more convenient to take the company credit card rather than becoming embroiled in expense reports, reimbursements and the tiresome task of separating your personal expenditure from business spend on your return.
Instead of making his client pay the expenses directly like most business's do; — John pays for all the wedding expenses on his credit cards.
Obviously, the Starwood Preferred Guest ® Business Credit Card from American Express is tailored for the business owner to use on their eBusiness Credit Card from American Express is tailored for the business owner to use on their ebusiness owner to use on their expenses.
Infographic: How small - business owners use business credit cards — About half of U.S. small - business owners have a business credit card, and the leading expense on those cards is office supplies.
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