Sentences with phrase «different tax years»

Have used the deduction successfully 2 different tax years with 2 different dogs (with a tax - prep guy).

To minimize the tax impact in any one year, the investor can do several partial conversions spread out over different tax years, but only conversions in 2010 are eligible for a delay in paying taxes due on conversion.

You can only subscribe to one of each type of ISA (e.g. Cash ISA, Stocks and Shares ISA) in a tax year; however, you can hold more than one of each type of ISA as long as the subscriptions were made in different tax years.

You can't make joint estimated tax payments if you and your spouse have different tax years (a rare circumstance).

Keep in mind, this could conceivably be in a different tax year than when you took the deduction.

The refund is for a different tax year than our dispute.

Keep in mind, this could conceivably be in a different tax year than when you took the deduction.

Not exact matches

As a CPA one of the top issues I see every year is when entrepreneurs get tripped up different kinds of taxes.

In response to a question about whether Trump had paid no taxes in recent years and how long the negative tax liability of the late»70s continued, Trump campaign spokeswoman Hope Hicks emailed: «You must be kidding, that is more than 35 years ago when we had an entirely different tax system.»

This could manifest itself in several different ways, but a key point is to rent out rather than sell the high - tax state property and buy a place in a lower - tax place outright, and give it a year first.

Last month, Governor Jack Dalrymple called for a decrease in the state budget, since tax revenues are down and the budget outlook for the state is different from two years ago, when the price of oil was topping $ 100 per barrel.

Holders who purchase units at different times and intend to sell all or a portion of the units within a year of their most recent purchase are urged to consult their tax advisors regarding the application of certain «split holding period» rules to them and the treatment of any gain or loss as long - term or short - term capital gain or loss.

NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).

Nearly 60 percent of every bottle of spirits in Kentucky goes to taxes or fees, with seven different taxes on Bourbon — including an ad valorem tax on barrels each and every year it ages.

Upper - income households at several different levels face higher tax burdens this year.

While most U.S. companies stand to benefit from the sweeping tax changes implemented early this year, markets may be overlooking a critical distinction: the different manner in which businesses will spend that windfall.

If you haven't filed a federal income tax return in the past two years, or if your current income is significantly different from the income reported on your most recent federal income tax return (for example, if you lost your job or have experienced a drop in income), alternative documentation of your income will be used to determine your eligibility and calculate your monthly payment amount.

Twenty years ago, Robert Kiyosaki wrote his book, the «Cash Flow Quadrant» which explained the four (4) different ways that income is produced and the corresponding tax rates.

However, there are different rules when it comes to accessing the earnings from your Roth IRA: That money is subject to the five - year rule that states that any earnings withdrawn before your first Roth IRA contribution is at least 5 years old may be subject to income taxes and a 10 % early withdrawal penalty.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

Even though resistance takes many different forms (against the MAI, towards a jubilee year in 2000, for the Tobin tax, seeking alternatives, etc.), and even if the struggles are specific in their aims (farmers, workers, indigenous or coloured people, citizens, ecologists or women, the urban poor, etc.) and though the various co-ordination groups are numerous (Peoples Power for the XXI Century in Asia, São Paulo Forum in Latin America, etc.), all of these have a common thread: they all work to highlight the unacceptable nature of the current economic system.

Golisano didn't appear inclined to return full - time to Western NY, however, telling reporters that Florida, which he made his permanent residence last year to protest the high taxes here in the Empire State, is «good» and «different in a lot of ways.»

Empire Zones provided several different tax credits, the rules for which changed several times over the 10 - year life of the program.

In his Executive Budget this year, Governor Cuomo proposed a different version of property tax relief, claiming it would be funded with projected budget «surpluses.»

Q&A topics include: why the mayor and Governor Cuomo appear friendly and cooperative on pre-K when together but express different views when apart, will the city fund a single year of full day pre-K if the state does not, how many of the prospective new pre-K seats are in traditional public schools v. charter schools, what is the greatest challenge in converting existing 1/2 day pre-K sites into full day sites, how can the mayor assure that proceeds of his proposed income tax surcharge would remain dedicated solely to the pre - K / middle school program, regulatory issues around pre-K operators, how there can be space available in neighborhoods where schools are overcrowded, how many of the prospective new sites are in schools v. other locations, why the mayor is so opposed to co-locations of charter schools while seeking to co-locate new pre-K programs, the newly - announced ad campaign by charter school supporters, his views on academically screened high schools, his view on the school bus contracts, why he refused off - topic questions Friday evening despite saying on Friday morning that he would take such questions, the status of 28 charter schools expecting to open in fall 2014 in locations approved by the Bloomberg administration, his upcoming appearance on the TV series The Good Wife and his view on city employees marching in the Manhattan St. Patrick's Day Parade in uniform / with banners.

House and Senate Republicans offered two different versions of no - tax - increase budget plans Tuesday that they insist can solve the state's projected two - year, $ 5 billion deficit without savage reductions in state aid to cities and towns and school funding.

And with the Assembly passing a bill to extend both mayoral control and local sales taxes, and the Senate tying mayoral control to various charter school provisions, Cuomo was betting lawmakers would return toward the end of the year to meet a different deadline — the one to re-authorize local taxes before they expire.

A framework of an agreement on the state budget is in place that would increase New York's minimum wage to $ 15 over a number of years in different regions while also providing a $ 1 billion tax cut for joint filers earning under $ 300,000, Gov. Andrew Cuomo said this afternoon.

«And then in this year's state budget he voted for 18 different major taxes which ended up costing New York $ 70 billion, and that also includes $ 183 million in the utility taxes, an extension of the MTA payroll tax, and also the 18 - A energy tax,» Serino says.

This year's budget covers different issues, like criminal justice reforms and a progressive tax structure.

The Democratic Assembly Majority is pushing its favorite items in a different form than the governor has included - a minimum wage increase larger than Cuomo's, a DREAM act resolution that isn't tied to an education tax credit, and a seven - rather than three - year extension of mayoral control of schools.

ALBANY — A tax hike on the rich, minimum wage increases and new government programs to help families pay for child care and family leave are on the Assembly Democrats» agenda for the year, advancing different priorities than Democratic Gov. Andrew Cuomo and potentially setting up a clash on taxes.

This year — with such blockbuster issues as jobs, Iraq, domestic security, taxes, and the rising cost of health care — is different only to the extent that President George W. Bush's stem cell research policies have made headlines.

It takes into account Personal Allowance, and the tax brackets can be changed to different years» values.

This increase is not expected to recur, and therefore FY2014 PPRT payments are budgeted to return to a more typical level of $ 162.5 million (Fiscal - year collections are different from calendar - year property tax extensions because tax extensions are the total amount of property tax bills sent to taxpayers each calendar year).

Best Buys are determined after a one - year evaluation that analyzes a number of different data categories, from insurance and maintenance fees to fuel costs to taxes.

Using this, you'll be able to see how cars of different years, make and model compare in terms of depreciation, annual taxes and fees, fuel costs, insurance rates, maintenance costs and repair costs.

I use TurboTax to do my taxes and every year it guides me to list royalties from my books in a different way than the revenue I receive for other publishing.

Splitting a large lump sum into two smaller payments over two different years means you'll pay less taxes overall.

It also is integrated with different tax software which is really handy when that time of the year comes.

If you have not filed a federal tax return in the past two years, or if your income now is substantially different than what it was when you filed, you will have to provide alternative documentation.

Next year, you can deduct the mortgage interest on a different second home if it provides greater tax savings.

So, without losing a bunch of money, here are ten different ways that you can save on your taxes before the end of the year.

Regarding your tax question - most countries tax income in the year it happens, so if you live in a different country when you sell the investments, that's whee you pay the taxes, according to their tax laws.

As of the 2010 tax year, New York state maintains seven different tax rates ranging from 4 percent all the way up to the 8.97 percent tax, which applies to income over $ 500,000.

When a taxpayer receives a refund of state income taxes, and the taxpayer took a deduction on their federal tax return, and some of the payments made to the state were estimated payments that may have been made in a different calendar year... well, it can require some math to determine the taxable refund and the deductible portion of the estimated payment.

Look at each number on the prior year's tax return and ask yourself if this year's number is likely to be significantly different.

This option is better than a lump sum payment because it means you're more likely to have some of the money spread out over two different years, which means your net taxes paid will be lower.

Dave Hampton, CPA, tax manager at the Cincinnati accounting firm of Burke & Schindler, has seen home owners confuse payments for different years and claim the incorrect amount.

Second, the tax treatment describe here applies only to deferred annuities (contracts that have an accumulation period, during which your money earns interest; immediate annuities, which provide an income beginning within one year of purchase, get very different tax treatment and do not present the issues described here.