Sentences with phrase «general tax purposes»
As such, all virtual currency is treated like property for general tax purposes.
https://www.investinblockchain.com/ Not exact matches
«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.
The information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice.
As a general purpose loan, a HECM can be used to pay for renovations, property taxes or any other expense.
The tax information and estate planning information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice.
There's no precise formula that will ensure you are considered a trader for tax purposes, but there are some general rules that can be developed from the cases.
Taxes collected exclusively downstate for the express purpose of funding transit were re-routed to the state's general fund.
James Madison advocated for the ratification of the Constitution in The Federalist and at the Virginia ratifying convention upon a narrow construction of the clause, asserting that spending must be at least tangentially tied to one of the other specifically enumerated powers, such as regulating interstate or foreign commerce, or providing for the military, as the General Welfare Clause is not a specific grant of power, but a statement of purpose qualifying the power to tax.
For purposes of this section, the total General Fund calculation shall not include sales and compensating use tax revenues shared with local governments and school districts.
Unlike some other municipalities that seek to use the bed tax revenue for general fund purposes, Clifton Park plans to use the revenue — anticipated to be about $ 300,000 a year — to improve the hospitality industry.
Even though the leaked documents prove this money is specific for climate projects, the Donors Trust tax forms only disclose the funding's purpose as «general operations.»
Information in this guide is general in nature and is intended for informational purposes only; it is not legal, health, investment or tax advice.
K - 12 education is the largest line item in most state budgets, representing 22 percent of total state spending and more than a third of general fund expenditures (money that comes from state taxes and is not earmarked for specific purposes).
Finally, the author recommends funding the WPCP through the state's general - purpose revenue, paying for statewide school vouchers through state taxes instead of placing the burden on taxpayers living in communities where students receive vouchers.
In Vermont, revenues from property taxes, sales taxes, the state lottery, Medicaid reimbursement and the general fund were placed into a state education fund that could not be used for other purposes.
As a general purpose loan, a HECM can be used to pay for renovations, property taxes or any other expense.
Note, however, the potential relevance of the general anti-avoidance rule (paragraph 42 of this Ruling and following) for arrangements entered into with a purpose of obtaining tax benefits.
The tax information contained herein is general in nature and for informational purposes only.
Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax, or accounting advice.
the area or activities to which the funds raised from a municipal bond issue will be directed and, in turn, the source of future bond interest payments and principal repayment; for general obligation bonds, funds raised may be for general purposes, both operating and infrastructure, and payments are secured by the general taxing power of the issuer — usually a state, town, or city; revenue bonds are categorized under terms such as «Utilities» or «Transportation»
This article is offered only for general informational purposes; it does not constitute investment, tax, or legal advice and should not be relied on as such.
This information is general in nature, is provided for educational purposes only, and should not be interpreted as accounting, financial planning, investment, legal or tax advice or relied on for any decisions you may make.
Information is provided to you for general information purposes only, and is not intended and should not be construed as investment advice, legal advice or tax advice of any kind.
«Information is provided to you for general information purposes only and is not intended to be and should not be construed as tax advice or any other investment advice of any kind.
Any discussion of taxes is for general informational purposes, and should not be construed as legal, tax or accounting advice.
Any discussion of taxes is for general informational purposes only.
This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws.
The tax and estate planning information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice.
The real estate taxes are deductible if the tax is applied uniformly throughout the community and the proceeds go toward general community or governmental purposes.
>» I'm not too keen on specific taxes aimed at ICEs; I'd far prefer - yes, you guessed it - a general - purpose carbon tax.»
The judgment went on to say that uncertainty on this issue had been created by the Privy Council in the Auckland Harbour Board case and that Parliament's «overall purpose is best served by construing specific tax provisions and the general anti-avoidance provision so as to give appropriate effect to each».
Had this not been the case and the administrator had been bound to transfer the fund to Mrs Staveley's sons, or Mrs Staveley had a general power of appointment, the pension fund could have been within Mrs Staveley's estate for inheritance tax purposes.
In Canada (Attorney General) v. Chambre des notaires du Québec, the CRA issued to various Quebec notaries (who give legal advice) «requirements» under section 231.2 of the federal Income Tax Act for the purpose of obtaining information and or documents pertaining to their clients for CRA's tax collection or audit purposTax Act for the purpose of obtaining information and or documents pertaining to their clients for CRA's tax collection or audit purpostax collection or audit purposes.
Section 16 sets out a presumption that a spouse's annual income for child support purposes shall be determined from the sources of income set out in Revenue Canada's T1 General tax return form («Line 150» income).
Information in this guide is general in nature and is intended for informational purposes only; it is not legal, health, investment or tax advice. ConsumerAffairs.com makes no representation as to the accuracy of the information provided and assumes no liability for any damages or loss arising from its use.
* The above trust and tax information is for information purposes only and is provided to explain the general basics of irrevocable life insurance trusts and using life insurance to pay estate taxes.
This is for general information purposes only and neither purport to be comprehensive or complete nor does it constitute financial, tax, legal or other professional advice on any aspect including Life Insurance, financial issues related to life insurance and / or any investment.
2 Any discussion of taxes is for general informational purposes only and does not purport to be complete or cover every situation.
This information is provided for general consumer educational purposes and is not intended to provide legal, tax or investment advice.
The information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice.
Disclaimer: This Article is intended for general information purposes only and should not be construed as investment, insurance, tax or legal advice.
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• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.
• Perform general and specific accounting calculations using 10 - key calculators and copy machines • Maintain and balance company books • Handle employee payroll services by calculating salaries and superannuation • Prepare periodic accounting reports and assure their correctness • Assure mathematical accuracy of all posted entries • Classify and summarize numerical and financial data for record maintenance purposes • Perform debit, credit and totaling activities on accounting systems and spreadsheets • Recognize and report discrepancies in accounting data and perform reconciliation duties • Monitor loan and advance statuses and prepare and deposit checks for payment of utility bills • Complete and submit tax forms on timely basis • Calculate and issue bills, invoices and account statements
Unfortunately, with the general insatiable desire to reduce taxation, many taxpayers and tax advisors alike have veered from the true purpose of Trusts (see first paragraph) and blindly pursue the Conduit - Principle as the sole or primary reason for using Trusts.
• Do general administration and maintain necessary records for tax, legal and financial purposes.
In general, the adjusted tax basis of a principal residence is the cost of the property (i.e., what you paid for the property when you first purchased it), plus amounts paid for capital improvements, less any depreciation and casualty losses claimed for tax purposes.