Sentences with phrase «deductible because»

Gifts to the PAC are not tax - deductible because of the political nature of its work.

Gifts to the Action Fund are not tax - deductible because of the political nature of its work.

Please note: Donations made to the Planned Parenthood Action Fund are not tax - deductible because of the political nature of its work.

Do not lose heart if you have to increase your deductible because you are still providing yourself with catastrophic coverage.

Be reasonable with your deductible because if you can't pay it, you will be in serious trouble.

It is a mistake to choose a low deductible because you'll be paying for higher premiums and you may not even have to file a claim until many years later.

Insurers like it when you have a higher deductible because you assume more responsibility and reduce their administrative costs.

If the insurer determines the cause of the fire was from a collision that was the other driver's fault, you pay no deductible because payment comes from the liability insurance of the other driver.

Most people choose to pay the smaller deductible because they don't believe they can afford the larger deductible.

We recommend a $ 1,000 deductible because that usually means you'll pay a lower premium.

For example, the premiums would be higher for a policy that has a $ 500 deductible versus a $ 1,000 deductible because the policyholder elected to assume greater financial risk.

Florida, Kentucky, South Carolina mandate the repair by comprehensive insurance coverage without a deductible because they have found that driving with damaged windshields is dangerous, this is an advantage of comprehensive coverage in these states.

For example, you may need to increase your deductible because of living in an Idaho city, instead of in a rural area.

If you never make insurance claims and can afford a higher deductible if a claim does happen, then you should seriously consider increasing your deductible because, for every year you didn't make a claim, that extra money from taking a higher deductible could be in your pocket instead of the insurance company's.

One judge on the appellate panel held that the income was not deductible because the employee had been working at the job before termination with the employer's tacit consent.

This deductible is also known as a «vanishing» deductible because it does not apply to settlements over $ 100,000 or $ 50,000 for FLA claimants.

So I am gonna take a really high deductible because I'll pay a lower premium.»

Travel costs to investigate cases, attend a deposition, trial, a court hearing, mediation, and even to attend your own disbarment proceedings are deductible because they are directly connected to the practice of law.

However, remember that all expenses associated with your foster pet are tax deductible because we are a 501 (c) 3 nonprofit organization.

ALL DONATIONS ARE TAX DEDUCTIBLE because Green Street Rescue (GSR) is a Philadelphia non-profit (501c3).

Fortunately, these higher income clients are still allowed to contribute to a traditional IRA (although those contributions might not be tax - deductible because of the income limits that apply to deductible IRA contributions).

If the funds are not used for home improvements, the interest on the loan would not be tax deductible because it would be categorized as home equity indebtedness.

If the homeowner's current mortgage is $ 650,000, and they take out a $ 100,000 home equity loan in 2018 to remodel their home, all the interest on both loans should be deductible because the combined loans fall below the $ 750,000 cap.

I just got off the phone with CRA and I was told the original loan interest is deductible, but if you withdraw and redeposit it is NOT deductible because the amount you withdrew was not used to invest, it was used to pay interest.

@RickGoldstein The OP is wondering if repayment of the principal after he left the company can be tax deductible because while on the company, 401 (k) loan repayment of principal through payroll deductions are done pre-tax.

Borrowing to invest in HXT will not be tax deductible because Horizons explicitly says that they will not be distributing dividends or income.

These fees may be deductible because they will increase the seeker's taxable income.

If an investor had borrowed money to invest in common shares that currently do not pay a dividend, the interest will be deductible because a company may decide to pay dividends in the future.

For example, the premiums would be higher for a policy that has a $ 500 deductible versus a $ 1,000 deductible because the policyholder elected to assume greater financial risk.

One could argue it is better than a tax deduction under the old rules because 100 % of the fee was never deductible because of the 2 % AGI limitation.

On car insurance, your property (damage to your car) has a deductible because you share a very small portion of that risk.

The short answer is that childcare isn't deductible because it's a personal expense.

Well I call it the [inaudible 00:47:30] world of deductibles because carriers are getting extremely creative.

Auto insurance consumers are very concerned with deductibles because they see deductibles as the money they will have to spend to get their cars fixed after an accident.

Many people opt for higher deductibles because it lowers their premiums; do this with care and keep it affordable since this is how much you'll have to pay out of pocket should you need to submit a claim.

Not exact matches

In a 2015 survey by the nonprofit Commonwealth Fund, two out of five adults with deductibles representing 5 percent or more of their incomes reported that they avoided getting care, including preventative tests, because of their deductibles.

«Our organization has found that many of our member employers are reducing benefits, because employers find that, when employees have to pay more toward deductibles, they are forced to become better healthcare consumers,» Stich explained.

However, if you do encounter a serious medical issue, that deductible number becomes important, because the higher the deductible, the more medical costs you will have to cover yourself.

Other major advantages of this type of financing include putting dollars back on a company's bottom line because interest payments are tax - deductible, which lowers the company's taxable income.

In the case of the small business, most if not all of the company's profits are used to pay salaries and fringe benefits, which are deductible, and double taxation may be avoided because no money is left over for distributing dividends.

In the case of the small business, though, double taxation may not be a consideration, because most, if not all of the company's profits are reinvested in the business or go to pay salaries and fringe benefits, which are deductible, and no money is left over for distributing dividends.

If the Supreme Court rules in favor of King, it would end up leaving millions without insurance because they would not longer be able to afford the premiums, or the deductible.

Sadly, this discourages people from seeking preventative care, because high copays and deductibles feel like unnecessary expenses.

In the short term, states would likely lose some tax revenue by creating a State GRA because contributions would be tax - deductible and State GRAs would likely entice some workers to save earnings that would have otherwise been taxed.

That's because plans increasingly carry high deductibles, which require patients to pay for their drug costs themselves until they hit a certain limit, as well as to pay a percentage of the list price even after their deductible is met.

If an itemizing taxpayer with a tax rate of 39.6 percent gives $ 100 to a local college, for example, that charitable deductible gift has an after - tax cost to the taxpayer of $ 60.40 because of the $ 39.60 reduction in his or her income tax bill.

There are potential tax benefits to offering a plan, because plan contributions for the business owner are deductible as a business expense.

Again, it's going to go in this direction of, if the regulators allow it and this is certainly what Republicans want to do by accelerating the deregulation of very, very narrow network, very, very high deductible plans that don't cover that much and so on and so forth because they're just too expensive.

We do not require all of our compensation programs to be fully deductible under Section 162 (m) because doing so would restrict our discretion and flexibility in designing competitive compensation programs to promote varying corporate goals.

In the case that the IRA contribution is not deductible (e.g., because the high - income earner is an active participant in an employer retirement plan, and his / her income level has therefore made the contribution non-deductible), the net result is still the same.