Sentences with phrase «federal tax credits under»

Their exodus is likely to drive up premiums for those left behind — especially for the half who do not qualify for federal tax credits under the ACA — and prompt some to drop coverage.

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Your business credit report only includes debts that are under your company's federal tax identification number — also known as an employer identification number.
«Currently, under federal banking laws, many legal, regulated legitimate marijuana businesses — operating legally according to state law — are prevented from maintaining bank accounts and accessing financial products like any other business, such as accepting credit cards, depositing revenues or writing checks to meet payroll or pay taxes,» Perlmutter said.
It also would not allow federal medical facilities and health professionals from providing abortion services, and prohibit individuals and small businesses from receiving federal subsidies and tax credits under -LSB-...]
Investments in historic preservation tax credits since the program was expanded under the Governor's direction in 2013, have also resulted in more than $ 3 billion in investments from both the state and federal tax credit.
(Under the Defense of Marriage Act, or DOMA, same - sex couples are not eligible for a federal tax credit on health insurance and are thus taxed for the benefit, even if a workplace happens to be required by state law to provide it for same - sex couples.)
The federal tax credit proposal is one of several ideas under review by the White House to fulfill Donald Trump's campaign promise to promote the expansion of charter schools and vouchers that would allow families of low income to use public money for private school tuition, sources tell POLITICO.
Under this scenario, individuals and businesses would receive a federal tax credit in exchange for donations to scholarship - granting entities that award working - class families funds for private school.
If this speculation is eventually confirmed, additional federal tax credits will see total cost for the Volt fall to just under $ 20,000.
«With a starting price under $ 35,000 after the available $ 7,500 federal tax credit, the Pacifica Hybrid provides efficiency, versatility, technology, an advanced hybrid powertrain and is priced in the heart of the segment — a combination that no other seven - passenger vehicle delivers.»
The 2012 Focus Electric carries a rather lofty sticker price of just under $ 40,000, but qualifies for a federal tax credit of up to $ 7,500.
After federal and state rebates and tax credits, the bottom line will be somewhere under $ 50,000.
As the first EV with over 200 miles range priced in the 30s — a few dollars under $ 30,000 with a $ 7,500 federal tax credit — it is General Motors» badge of corporate technological pride.
Conservatives: Introduce a «tax lock» plan to prohibit federal income tax and sales tax hikes along with increases to payroll taxes such as EI premiums for the next four years; cut EI premiums in 2017 from $ 1.88 to $ 1.49 per $ 100; phase in a new $ 2,000 Single Seniors Tax Credit, providing tax relief of up to $ 300 a year for seniors with pensions starting in January 2017; increase the Child Care Expense Deduction by $ 1,000 for children under age 7 to $ 8,000, to $ 5,000 for kids ages 7 to 16 and to $ 11,000 for children with disabilititax lock» plan to prohibit federal income tax and sales tax hikes along with increases to payroll taxes such as EI premiums for the next four years; cut EI premiums in 2017 from $ 1.88 to $ 1.49 per $ 100; phase in a new $ 2,000 Single Seniors Tax Credit, providing tax relief of up to $ 300 a year for seniors with pensions starting in January 2017; increase the Child Care Expense Deduction by $ 1,000 for children under age 7 to $ 8,000, to $ 5,000 for kids ages 7 to 16 and to $ 11,000 for children with disabilititax and sales tax hikes along with increases to payroll taxes such as EI premiums for the next four years; cut EI premiums in 2017 from $ 1.88 to $ 1.49 per $ 100; phase in a new $ 2,000 Single Seniors Tax Credit, providing tax relief of up to $ 300 a year for seniors with pensions starting in January 2017; increase the Child Care Expense Deduction by $ 1,000 for children under age 7 to $ 8,000, to $ 5,000 for kids ages 7 to 16 and to $ 11,000 for children with disabilititax hikes along with increases to payroll taxes such as EI premiums for the next four years; cut EI premiums in 2017 from $ 1.88 to $ 1.49 per $ 100; phase in a new $ 2,000 Single Seniors Tax Credit, providing tax relief of up to $ 300 a year for seniors with pensions starting in January 2017; increase the Child Care Expense Deduction by $ 1,000 for children under age 7 to $ 8,000, to $ 5,000 for kids ages 7 to 16 and to $ 11,000 for children with disabilitiTax Credit, providing tax relief of up to $ 300 a year for seniors with pensions starting in January 2017; increase the Child Care Expense Deduction by $ 1,000 for children under age 7 to $ 8,000, to $ 5,000 for kids ages 7 to 16 and to $ 11,000 for children with disabilititax relief of up to $ 300 a year for seniors with pensions starting in January 2017; increase the Child Care Expense Deduction by $ 1,000 for children under age 7 to $ 8,000, to $ 5,000 for kids ages 7 to 16 and to $ 11,000 for children with disabilities.
Renovations may also generate tax deductions or tax credits under a number of federal and provincial programs.
Moreover, in this line of cases, there already had been a decision that adopts a two - part test for bona fide tax - exempt nonprofit credit counseling agencies, requiring such agencies to: (1) be recognized by the IRS as being exempt from federal income taxation under section 501 (c)(3) of the Internal Revenue Code; and (2) actually operate as a bona fide nonprofit organization.
The federal government rewards those who give to charity with a tax credit: 15 % on donations under $ 200 and 29 % on larger gifts.
After factoring in your rebate 30 % of the remaining costs can be claimed as a tax deduction under the federal solar tax credit.
30 % of the total system cost may be claimed as a deduction to your federal taxes under the federal solar tax credit.
Under current law, the federal tax credit now valued at 30 percent of a project's cost falls to 10 percent for projects put in service after 2016.
12/20/17 — Once tipped for elimination, federal income tax credits for buying electric vehicles (EVs) still remain under the newly adopted tax overhaul.
In this report, Global Green recognizes the design and implementation of low - income housing constructed under the Federal Low - Income Housing Tax Credit (LIHTC) program and the state - level Qualified Allocation Plans (QAPs) which set the criteria for proposed development.
Under U.S. Code Title 26 (Section 48 (a)(3)-RRB-, the federal government extends a corporate tax credit to businesses that invest in renewable power.
In addition to the Federal Child Tax Credit, which gives you $ 1,000 credit for every child in your home (if you fall within a certain income bracket), parents can also take advantage of The Child and Dependent Care Credit, which will reimburse you up to $ 3,000 for child care for one child under age 13, and up to $ 6,000 for child care for two orCredit, which gives you $ 1,000 credit for every child in your home (if you fall within a certain income bracket), parents can also take advantage of The Child and Dependent Care Credit, which will reimburse you up to $ 3,000 for child care for one child under age 13, and up to $ 6,000 for child care for two orcredit for every child in your home (if you fall within a certain income bracket), parents can also take advantage of The Child and Dependent Care Credit, which will reimburse you up to $ 3,000 for child care for one child under age 13, and up to $ 6,000 for child care for two orCredit, which will reimburse you up to $ 3,000 for child care for one child under age 13, and up to $ 6,000 for child care for two or more.
Under the health care law, people who earn between 100 % and 400 % of the federal poverty level are eligible for a premium tax credit when they purchase a plan through the exchange.
If any amount is withheld under the backup withholding rules, the non-U.S. holder should consult with a U.S. tax advisor regarding the possibility of and procedure for obtaining a refund or a credit against the non-U.S. holder's U.S. federal income tax liability, if any.
Any amounts withheld from a payment to a holder of Class A common stock under the backup withholding rules can be credited against any U.S. federal income tax liability of the holder and may entitle the holder to a refund, provided that the required information is furnished to the IRS in a timely manner.
Under federal law, the child care credit may be claimed on either a joint tax return or on a separate return by a person eligible as «Head of Household.»
Simpson, a former Republican senator from Wyoming, and Bowles, a White House chief of staff under President Clinton, proposed addressing the federal government's shortfall by — among other things — converting the mortgage interest deduction to a 12 percent nonrefundable tax credit, capping the mortgage amount at $ 500,000, and eliminating credits for second residences and home equity.
Under the expansion, beginning this year, the federal government will give $ 1.50 in annual federal tax - credit authority for each person in a state, up from $ 1.25 per person.
An annual average of just over 200,000 affordable units are expected to lose federal funding due to expiration under their respective affordable programs over the next 10 years, with the majority of those units conceived under the Low Income Housing Tax Credit (LIHTC).
The North Carolina Housing Finance Agency helps make home ownership affordable for first - time buyers by selling tax - exempt Mortgage Revenue Bonds and issuing Mortgage Credit Certificates (MCC) under federal authority.
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