Sentences with phrase «for expense purposes»

Using a smartphone to scan a receipt for expense purposes could also expose portions of meeting notes, pill bottles, and other personal items on your desk.

The Downing Street aide also brushed off questions about whether the prime minister would expect capital gains tax to be paid on a property that has been designated a second home for expenses purposes.

If you are not immediately using the dividends for some expense purpose (pay bills, higher quality of life) why would you not consider a lower dividend / no dividend yeilding growth stock, at least for a time?

Not exact matches

Corporate and unallocated expenses comprise items that are not allocated to segments for performance reporting purposes.

For purposes of computing ratios, billing and policy fees and other (which are a component of other revenues) are allocated as a reduction of underwriting expenses.

«In general, people who are more organized do a better job of tracking expenses and keeping records neat for tax purposes,» she adds.

n general, people who are more organized do a better job of tracking expenses and keeping records neat for tax purposes,» she adds.

For travel, the IRS also requires you to keep a written or electronic log, made near the time that you make the expenditure, recording the time, place, amount and business purpose of each expense.

You can consider your entertainment expenses to be for business purposes if they are either «directly related to» or «associated» with your business.

Dig Deeper: Deducting Business Entertainment Expenses How to Write Off T&E: Keeping Track of Travel and Entertainment When traveling or entertaining for business purposes, it's important to document everything.

The purpose of work is to contribute to society, earn money to cover family expenses, and save for the future.

Typical freelancers, for the purposes of this experiment, are single adults with no children, moderate living expenses and a 1,000 - square foot apartment, «which is a good sized one - bedroom in most cities.»

Employees, in groups or individually, can pitch passion projects that align with the company's purpose for the chance to win $ 7,500 for travel and expenses, plus two weeks of paid leave to pursue their research.

Come for the generous sabbaticals, all - expenses - paid trips, or eye - popping bonuses, but stay for the parental leave, visionary management, and sense of purpose.

Depreciation is listed with operating expenses if the cost is associated with fixed assets used for selling, general and administrative purposes.

(Sec. 13801) This section excludes the aging periods for beer, wine, and distilled spirits from the production period for purposes of the uniform interest capitalization rules, which allows the producers to deduct interest expenses attributable to a shorter production period.

The CRA says business expenses are «certain costs that are reasonable for a particular type of business, and that are incurred for the purposes of earning income.

Personal, living, or other expenses not related to the business can not be deducted for tax purposes.»

Doing this makes recordkeeping easier, enabling you to know how well (or poorly) your business is doing and to report your income and expenses properly for tax purposes.

For instance, whenever we use credit cards and business banking accounts for personal expenses, it creates a potential issue with the IRS since certain personal expenses are not deductible for income tax purposFor instance, whenever we use credit cards and business banking accounts for personal expenses, it creates a potential issue with the IRS since certain personal expenses are not deductible for income tax purposfor personal expenses, it creates a potential issue with the IRS since certain personal expenses are not deductible for income tax purposfor income tax purposes.

Pursuant to applicable accounting principles, for financial statement reporting purposes we have historically recorded salary and bonus payments to our senior Carlyle professionals, including our named executive officers, as distributions in respect of their equity ownership interests and not as compensation expense.

As with many things in the tax code, your ability to deduct an expense depends on its legitimacy, usually for business or medical purposes.

Using a business credit card to pay for business expenses is preferable to using a personal credit card for business purposes for a couple of important reasons:

If you can demonstrate to the IRS that at least a portion of your home — whether you're a homeowner or renter — is used exclusively for business purposes, you're allowed to take a tax deduction for certain home expenses.

As a general purpose loan, a HECM can be used to pay for renovations, property taxes or any other expense.

Besides it, if you use bank wire, you need to be noted that this transaction will require $ 30 fees for banking expenses purposes.

This settlement should have been considered a campaign expense «because the funds were paid for the purpose of influencing the 2016 presidential general election,» Paul S. Ryan, a campaign finance expert at the group, said in a letter addressed to Attorney General Jeff Sessions and Deputy Attorney General Rod J. Rosenstein.

Tokens or «numeric characters» referred to in the document acquired for the purpose of exercising the rights certified by the marker» will be classified in terms of how credit «calculations with different debtors and creditors» and «other income and expenses».

For example, if you itemize, you'll generally be able to deduct expenses like the cost of using a car for business purposes or maintaining a home offiFor example, if you itemize, you'll generally be able to deduct expenses like the cost of using a car for business purposes or maintaining a home offifor business purposes or maintaining a home office.

In addition, approximately $ 6 million was used to pay transaction expenses and fund required reserves and the remainder will be used for general corporate purposes.

You can use a SoFi loan for any personal, family or household purpose, but you can not use it to pay for educational expenses.

Independent contractors are also allowed to deduct business - related expenses for taxation purposes.

Canadian lenders offer rate quotes based on information such as the amount required, credit score, and loan purpose, for example, medical expenses, relocation and moving, car financing, home purchase, home improvement, or credit card refinancing.

NEW PLAN The bill clarifies that people (including many professional gamblers) who also deduct wagering expenses, such as the cost of travel to and from a casino, must add those expenses to their total losses before comparing that sum to their total taxable winnings for the purpose of making the overall deduction calculation.

The Hershey Company intends to use the net proceeds of the Notes Offering to repay a portion of the commercial paper it issued to fund its acquisition of Amplify Snack Brands, Inc. and pay related fees and expenses and for general corporate purposes.

It would also repeal the estate tax and alternative minimum tax, adopt full expensing of business investment, move to a territorial tax system, and eliminate «tax expenditures that were enacted for the purpose of social engineering and corporate welfare.»

For the purposes of the study, a fund was considered «low cost» if its fees and expense ratios placed it in the lowest quartile of all U.S. funds, as measured by data from Morningstar, the Chicago - based fund research firm.

Swann's bill defines PACs as «a corporation or group established or maintained for the primary purpose of accepting political action contributions and incurring political action expenses to engage in political promotion but does not include (i) a registered party, or (ii) a registered constituency association.»

The Internal Revenue Service allows certain home expenses to be deducted in proportion to the part of the home being used exclusively for business purposes.

loanDepot personal loans are unsecured fixed - rate term loans that can be used for any legitimate purpose aside from education - related expenses and investments.

The tax code allows private foundations to include as «qualified distributions» certain expenses associated with grantmaking and other payments made for charitable purposes (e.g., conferences, technical assistance for grantees and other expenses).

Of the approximately $ 238 million in proceeds from the transaction (before transaction expenses and required reserves), approximately $ 101 million was used to repay amounts previously drawn under Marriott Vacations Worldwide's $ 300 million warehouse credit facility, and the remainder will be used for general corporate purposes.

* HSA contributions, earnings, and distributions used to pay for qualified medical expenses are tax free for federal income tax purposes.

If you are going for a business - related purpose, you may be able to write off the expense, but sometimes it's safer just to call a good time a good time and save the write - offs for less ambiguous ventures.

For tax purposes, these expenses come in two flavors.

Use your home's equity for almost any purpose including home improvements, unexpected expenses, and major purchases.

If your company has claimed that (excess) expense for tax purposes, good luck in withstanding a clean audit should that happen.

For income tax purposes, the interest on business loans (and payments for some capital leases) is considered a deductible business expense, while the principal is nFor income tax purposes, the interest on business loans (and payments for some capital leases) is considered a deductible business expense, while the principal is nfor some capital leases) is considered a deductible business expense, while the principal is not.

Entertainment expenses: The act disallows a deduction for (1) an activity generally considered to be entertainment, amusement, or recreation; (2) membership dues for any club organized for business, pleasure, recreation, or other social purposes; or (3) a facility or portion thereof used in connection with any of the above items.

For this purpose, a budgetary discipline is necessary, accompanied by a social expenses restriction and the restoration of a so - called natural unemployment rate; in other words the creation of a «reserve army of wage earners» (battalions of unemployed people) that allows to weaken the unions.