Sentences with phrase «federal taxpayer expense»

When combined with a federal tax loophole that allows taxpayers to receive a federal deduction on a dollar - for - dollar state tax credit, 10 of these states» credits are so lucrative that they allow some upper - income taxpayers to turn a profit (at federal taxpayer expense) on contributions they make to fund private school vouchers.

Not exact matches

This can include itemized deductions which are eligible expenses that an individual taxpayer may report on their Federal income tax return.

By eliminating the single largest expense in county budgets, federal legislation mandating a state takeover of local Medicaid costs promises relief for property taxpayers across New York.

De Blasio also hired an attorney to represent him personally in the federal and state probes and the city hired two white shoe law firms at taxpayer expense to represent the city.

Brooklyn Assemblyman William Boyland Jr., already under indictment on federal bribery charges, is now being investigated by Albany County DA David Soares and state Comptroller Tom DiNapoli for allegedly claiming taxpayer - funded reimbursement of bogus expenses.

He added that Schneiderman has filed more than 100 lawsuits at taxpayer expense against the Trump administration and the federal government while being «totally invisible» when it comes to taking on the Buffalo Billion scandal and other Albany corruption.

The bill passed by the Senate includes anti-nepotism provisions, today: · Prohibits gifts from lobbyists and their clients of more than nominal value, including travel, lodging and other expenses, and broaden the types of lobbying activities that lobbyists must disclose; · Prohibits elected government officials and candidates for elected local, state or federal office from appearing in taxpayer - funded advertisements; · Closes the «revolving door» loophole by prohibiting former legislative employees from directly lobbying the Legislature for two years, and expands the revolving door restrictions for Executive Chamber employees to preclude appearances before any state agency; · Prohibits non-legislative employees from using their authority or influence to «compel or induce» any other employee to make political contributions; · Prohibits state employees from participating in any personnel decision or contracting matter concerning a relative.

When introducing the bill, Senator Maria Cantwell (D — WA) said that about 1000 chimpanzees, half owned by the federal government, «languish at great taxpayer expense in six research laboratories across the nation.»

«If a federal bill was poorly drafted,» Davis says, «you could open up these sorts of problems, with taxpayers being able to turn a profit at the public expense.»

Taxpayers may be able to deduct several types of medical expenses on their federal income tax returns.

An itemized tax deduction is a qualified expense by which a US taxpayer can claim on their Federal tax returns in order to lower their taxable income.

Taxpayers in the highest tax brackets are also ineligible for any of the tax credits and deductions associated with higher education expenses — as well as for the generous tax advantages that lower income taxpayers receive from contributing to traditional and Roth IRAs — because of the income caps set by the federal goTaxpayers in the highest tax brackets are also ineligible for any of the tax credits and deductions associated with higher education expenses — as well as for the generous tax advantages that lower income taxpayers receive from contributing to traditional and Roth IRAs — because of the income caps set by the federal gotaxpayers receive from contributing to traditional and Roth IRAs — because of the income caps set by the federal government.

Without this rule (the «interest disallowance rule»), taxpayers would realize a double tax benefit from using borrowed funds to purchase or carry tax - exempt bonds, since the interest expense would be deductible, while the interest income would escape federal tax.

After calculating AGI, the taxpayer can then apply the standard federal tax deductions to reach their taxable income, or if eligible, the taxpayer can itemize their expenses and receive itemized deductions instead, which can be better for the taxpayer in some situations.

Allows a deduction for unreimbursed expenses that are paid by a living organ and tissue donor that have not been taken as a medical deduction on the taxpayer's federal income tax return.

I've written before about the ways homeownership in the United States is heavily subsidized by the federal government, at the expense of current and future taxpayers:

Each year, the federal government spends billions of dollars on disaster relief to flood victims — all at taxpayer expense.

Louisiana also allows taxpayers to deduct the amount of their federal itemized deductions that were in excess of the federal standard deduction on their federal tax return, and to deduct school expenses for dependents who are currently in school.