Sentences with phrase «dollar reduction»

This is different from a tax credit which is a dollar for dollar reduction in taxes.

A tax credit is a dollar for dollar reduction of income tax based on what you're eligible for.

That means that it's a dollar for dollar reduction of your tax liability.

It is a dollar - for - dollar reduction against your federal tax liability.

In fact, 2001 and 2002 capital expenditures represented some of the largest dollar reductions in expense and expenditure categories.

A tax credit is a direct, dollar for dollar reduction in the total tax you owe.

On the other hand, tax credits provide a dollar - for dollar reduction of your income tax liability.

They provide a dollar for dollar reduction in the tax you owe, while a deduction simply adjusts your income a little lower.

I think it is funny that the debt bill was passed that forecasted a 2 trillion dollar reduction on a 10 trillion dollar deficit.

Approved builders are able to make a contribution of up to 6 percent toward the borrowers» closing costs & prepaid items, without having a dollar - for - dollar reduction from the loan amount.

Tax credits are a dollar - for - dollar reduction of tax owed offered by the state and / or federal government.

LIHC provides a dollar - for - dollar reduction in federal income tax liability for project owners who develop rental housing that serves low - income households with incomes up to 60 % of area median income.

Homebuyers who have not owned a home in the past three years are eligible to claim the Mortgage Credit Certificate and receive a dollar - for - dollar reduction against their federal tax liability for 20 % of their yearly mortgage interest payments.

Furthermore, dollars spent by an access or secondary custodial parent do not necessarily translate into a dollar for dollar reduction in expenditures by the primary custodial parent, many of whose major child - related costs are fixed — such as housing and transportation; any savings will typically be only with respect to a small category of expenditures for food and entertainment.

The tax credits are attractive because they provide a dollar - for - dollar reduction in a taxpayer's state income tax.

It's great because it represents a dollar - for - dollar reduction in the taxes you owe.

A tax credit provides a dollar - for - dollar reduction of your income tax liability.

A tax credit is a dollar - for - dollar reduction in the amount of tax that you owe.

The cool thing about a tax credit is that it is a dollar - for - dollar reduction in the tax you owe.

Jennings, nearing the end of his 20 - year term, last week unveiled a 171 - million dollar spending plan, reflecting a 2 - point - 4 million dollar reduction in operating expenses from last year's adoptive budget.

Jennings, who is nearing the end of his 20 - year term, unveiled a $ 171 million spending plan that reflects a 2 - point - 4 million dollar reduction in operating expenses from last year's adopted budget: the Democrat says 87 percent of the proposed budget, exclusive of debt service, is related to personnel costs.

In a Nov. 15 letter to Speaker Paul Ryan, R - Wis., and Minority Leader Nancy Pelosi, D - Calif., a broad array of scientific and engineering societies called on House leaders to drop provisions in the tax bill (H.R. 1) that would eliminate tax credits, known as the Lifetime Learning Credit and the Hope Scholarship Credit, that alleviate the financial strain of higher education by providing a dollar - for - dollar reduction in the income tax liability of eligible students.

Unlike a charitable contribution, the individual or corporation often receives a dollar - for - dollar reduction in state taxes owed, so they have in effect «donated» nothing.

While the tuition and fees deduction only reduces taxable income, the Lifetime Learning Credit offers a dollar - for - dollar reduction in tax liability up to $ 2,000.

A tax credit is a dollar - for - dollar reduction of your tax liability.

This is a dollar for dollar reduction.

By contrast, American Opportunity is a tax credit, which means it gives you a dollar - for - dollar reduction in your total tax bill.

The Homebuyer Tax Credit is a direct dollar - for - dollar reduction in your federal taxes worth 10 % to 50 % of the interest you pay on your mortgage.

Tax credits provide a dollar - for dollar reduction of your income tax liability.

Tax credits provide a dollar - for - dollar reduction of your income tax liability.

Optimize your retirement income — the Payout Benefit Guarantee, combined with dollar - for - dollar reductions, works extra hard to manage risk for people who are drawing income from a retirement income plan

It's great because it represents a dollar - for - dollar reduction in the taxes you owe.

When you claim a tax deduction or «write something off» on your income taxes, you do not get a dollar for dollar reduction in the amount of taxes you are required to pay the government.

If you earn more than one half of your weekly benefit amount, your partial unemployment will include a dollar - for - dollar reduction for every dollar you earn over one half of your weekly benefit amount for that week.

In his report, he quotes a 2004 Finance Department study that shows that each dollar reduction in capital gains taxes would lead to economic gains of approximately $ 1.30.

It's not as good as a dollar for dollar reduction in your tax liability, but it can reduce how much you owe over all.

A tax credit is a dollar - for - dollar reduction of the income tax you owe.

On the other hand, tax credits provide a dollar - for dollar reduction of your income tax liability.

Additional expenses and investment broker sales loads just tended to result in a dollar - for - dollar reduction in investor's assets.

Tax credits, on the other hand, provide a dollar - for dollar reduction of your income tax liability.

For residential solar systems, the tax credit is a dollar - for - dollar reduction in the federal income taxes owed by the homeowners by 30 percent of the installed cost of the solar system.

As the Solar Energy Industries Association says, a tax credit is a dollar - for - dollar reduction in the income taxes that a person or company claiming the credit would otherwise pay the federal government.

This has a huge financial impact because a tax credit is a dollar - for - dollar reduction in federal income taxes owed.

A tax credit is a dollar - for - dollar reduction in federal income taxes owed, so it is more valuable to the taxpayer than a tax write - off.

At a timekeeper level, the same KPIs might identify that «Timekeeper Bob was responsible for 510 of the 1,000 corrections, at a dollar reduction of $ 15,000.»