Sentences with phrase «for general tax»

As such, all virtual currency is treated like property for general tax purposes.
Forgiveness is another mostly Democratic initiative that many Republicans oppose for the general tax increases that would come along with it.

Not exact matches

The on - demand economy is also projected to show significant growth, though the general trend of expansion in the number of users of 1099 forms (tax forms for independent contractors) started long before the recent tech boom.
The protectionist sentiment and general uncertainty around U.S. President Donald Trump's economic plans, including the potential for a border - adjustment tax, is another reason why the Bank of Canada remains worried about exports.
Perth company ThinkSmart has predicted an after - tax profit of $ 0.5 million for the first six months of 2013, at its annual general meeting today.
Giving the timing of the next general election, this means making tax reform an agenda item for the government's second mandate.
It's expected to be a noisy quarter for bank earnings in general, thanks in part to the tax law, which has caused many banks to book losses on repatriated cash and deferred tax assets that declined in value.
«The processing time is about 30 seconds and there's no sales tax,» says Dan Lee, the general manager of Green Avenue Market, one of five family - run businesses in Brooklyn, N.Y., which have accepted Bitcoin for close to a year.
«In terms of actual tax - code adjustments, there will be arm - wrestling and adjustments, but for me, cutting to the chase, the big thing is simplification for my small - business members and small business in general,» said Keith Hall, president and CEO of the National Association of Self - Employed.
«The tax is currently indexed to general inflation, and keeping that threshold tied to general not medical inflation means that by, say 2021, it's going to be difficult for most employers to avoid triggering the tax.
Taxpayers are taking the bait and losing significant amounts of money, according to the Treasury Inspector General for Tax Administration.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnTax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
In 2009, General Motors killed its Pontiac line of vehicles, which was named for the city, and then announced the closure of two local plants, putting more than 2,000 people out of work and costing the city a huge chunk of tax revenue.
«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.
Women pay a kind of «pink tax» whenever they are charged more for «feminine» items, or even general services, such as dry cleaning.
The material contained in her articles is for general information only and should not be construed as the rendering of personalized investment, legal, accounting or tax advice.
Tax time only comes once a year, but it can feel like it lasts for months — here are a few of my favorite ways to reduce the stress and time spent on tax, and financial documentation in generTax time only comes once a year, but it can feel like it lasts for months — here are a few of my favorite ways to reduce the stress and time spent on tax, and financial documentation in genertax, and financial documentation in general.
Seeking a flavorful vegetarian option, I went for the General Tso's Tofu, which cost $ 11 plus about a dollar in tax.
The Treasury Department's inspector general for tax administration is expected to release the final report this week after a yearlong investigation.
If you think you are a victim of identity theft or tax fraud, you should report it to the Treasury Inspector General for Tax Administratitax fraud, you should report it to the Treasury Inspector General for Tax AdministratiTax Administration.
The September quarter Con - sumer Price Index (CPI) results, released last week, show that there is no need for further general price rises due to the New Tax System alone.
As talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general public seem to be missing is the increased spending soon to be pumped into the U.S. economy by the government.
The information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice.
Congress eliminated the deduction for taxes on motor fuels in 1978, and eliminated the deduction for general sales tax in 1986.
The Constitution is pretty clear: It's in Congress's power «to lay and collect taxes, duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States,» and regulate trade between the US and other countries.
In a report by the Treasury Inspector General for Tax Administration (TIGTA) dated September 21, 2016, the IRS was chastised for not providing meaningful virtual currency guidance to taxpayers.
For any single property, total school district taxes can not be more than $ 5 per $ 1,000 in market value and total general government taxes can not be more than $ 10 per $ 1,000 in market value.
You could fill out the worksheet and use the optional general sales tax tables in the Instructions for Schedules A & B (Form 1040)...
In addition, the partnership agreements of the Carlyle Holdings partnerships will provide for cash distributions, which we refer to as «tax distributions,» to the partners of such partnerships if our wholly - owned subsidiaries that are the general partners of the Carlyle Holdings partnerships determine that the taxable income of the relevant partnership will give rise to taxable income for its partners.
In 1996, the US General Accounting Office estimated that a tax agency reconciliation system could reduce the time spent preparing tax returns by as much as 155 million hours a year for 51 million taxpayers and reduce the IRS's costs by up to $ 37 million annually.
The tax implications of individual bonds are fairly straightforward: If an investor owns bonds that generate taxable income (which covers almost all bonds except for municipal bonds, in general), he or she is taxed on that income in the year it's received.
A Roth IRA is the best option for those freelancers or self - employed workers in general who want to pay taxes today rather than in retirement.
A general rule of thumb is to start with your tax returns for 2016 or 2017.
It extended other expiring tax provisions, including the deduction for state and local general sales taxes, the above - the - line deduction for education expenses, and the educator expense deduction, through 2011.
Other than putting «money back in the pockets of «some» (but certainly far from all) Canadians what have these tax cuts done for the economic growth, job creation, and the general well being of all Canadians?
As a general purpose loan, a HECM can be used to pay for renovations, property taxes or any other expense.
Factors affecting the level of consumer spending for such discretionary items include general economic conditions, and other factors, such as consumer confidence in future economic conditions, fears of recession, the availability and cost of consumer credit, levels of unemployment, and tax rates.
Factors affecting the level of spending for such discretionary items include general economic conditions and other factors such as consumer confidence in future economic conditions, fears of recession, the availability of consumer credit, levels of unemployment, tax rates and the cost of consumer credit.
Congress indexed tax rate schedules for inflation in the early 1980s to prevent general increases in the price level from causing bracket creep.
A new report by the Treasury Inspector General for Tax Administration says the IRS is doing too little to go after employers suspected of hiding wages and failing to report billions of dollars in...
The plan could also lead to a significant backlash if employers decide to ignore their general tendency not to issue pay cuts and start slashing salaries to pay for their new tax burden.
I think that the mere anticipation of corporate tax reform served as an important catalyst for stocks in general throughout the year.
Under that reasoning the IRS could request bank records for every United States customer from every bank branch in the United States because it is well known that tax liabilities in general are under reported and such records might turn up tax liabilities.»
Any business that thinks long - term and follows sound business principles creates value for shareholders and for society through its activities e.g. in terms of jobs for workers, taxes to support public services, and economic activity in general.
According to the Canada Revenue Agency's General Information For GST / HST Registrants» Guide, you may claim Input Tax Credits for operating expenses such as commercial rent, utilities, and office supplies, and for meal and entertainment expensFor GST / HST Registrants» Guide, you may claim Input Tax Credits for operating expenses such as commercial rent, utilities, and office supplies, and for meal and entertainment expensfor operating expenses such as commercial rent, utilities, and office supplies, and for meal and entertainment expensfor meal and entertainment expenses.
The November 2010 Fiscal Monitor contained a number of special adjustments: a revaluation of the Government's shares in General Motors (this increased the deficit by $ 0.7 billion in November 2010) and a retroactive adjustment in November 2009 for the increase in the Working Income Tax Benefit (which increased the deficit in that month by $ 0.4 billion).
If the Illinois General Assembly could provide a basic level of certainty about the long - term growth of state government, and thus ward off future tax hikes, Illinois could once again become an attractive destination for families and businesses.
NOW In general, estates pay 40 percent federal tax on inherited property, but rules waive that tax for estates up to $ 5,490,000.
I live in Indiana, where there are various charitable donation tax credits for specific kinds of charity, but no general charitable deduction.
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