Sentences with phrase «get a tax break if»

But the company would get tax breaks if it selected less - established sites in Brooklyn or Queens.
Would I get a tax break if I paid off my private loan and switched to a loan by my parents?
Get your tax breaks If you have a marked restriction in some specific basic activities like walking and dressing, be sure to check out your eligibility for the Disability Tax Credit, and the Medical Expense Tax Credit for that portion of your retirement home costs attributable to attendant care.
Q. Can I still get a tax break if I do a principal reduction or short sale?

Not exact matches

If your home would rent for $ 4,000 a month, the implicit tax break you get is a lot bigger than someone living in a home that would cost $ 1,000 a month.
If you haven't checked whether your medical expenses could get you a tax break on your 2017 return, it might be worth the chore of digging through records and tallying up receipts.
Alicia Glen, the city's deputy mayor for housing and economic development, said Amazon would probably get hardly any tax breaks if it chose to locate its second headquarters in Midtown or Lower Manhattan, the city's two traditional business centers.
Filing taxes if you are in the military is a lot like filing if you are a civilian The main difference between the two is that military men and women get many more exemptions and tax breaks than the normal person.
If you're thinking of hiring new employees, you could get a government grant or tax break to help with the cost.
And if Harvard and Yale continue to get tax breaks, then why shouldn't Congress be able to regulate how they use that money?
If there is a separation with the church and state and they are getting tax breaks, they shouldn't be involved with pushing their own agendas on their congregations.
Hmmm... I wonder what sort of tax - break a «marriage» would get from the IRS if the marriage consisted of 100 people?
If the only reason you give money is to get a tax break you are losing big time.
If we'd divert the OVER $ 150 billion dollar tax break that religion gets in this country every year, and divert it to the CURES for these maladies, we wouldn't NEED condoms!
The tax argument isn't that if you have lower tax rates the wealtheir would give more to get a bigger tax break, but that they would give more because they have more to give and would do so freely.
maybe if Perry didn't give tax cuts / breaks for the rich and gave away all that money to those that helpled him get elected and used all that extra revenue he would have had to use in funding to bring in water from other states and for funding local fire and rescue departments.
However, unlike the budget process which gives the governor broad authority, Cuomo must break out his chess board if he wants to reach a deal on gay marriage in the Republican - led Senate and get the Democratic - controlled Assembly to approve his 2 percent tax cap.
If you don't assume that the progressive rates are the «correct» rate, does that mean that anyone getting taxed less than 17.4 % is receiving a tax break, and anyone taxed more than 17.4 % is receiving a tax punishment?
If Perez Williams is elected mayor, she can't let the county dictate tax breaks for a city that needs all the money it can get.
«If those are their issues, it's insane their bad performance art is aimed at an administration that is fighting to ensure millionaires don't get a tax break, that indigent legal services is extended statewide and — unlike the previous proposal — is actually funded and is pushing the Legislature to sign the homeless MOU that we signed months ago,» said Cuomo spokesman Rich Azzopardi.
Cornerstone is also getting the option to purchase two more vacant downtown lots and will receive tax breaks on both if it decides to do so.
If this man gets a tax break we the other group that pays should start a real tax revolt and break Ulster County.
«If you go out and buy a $ 10 million dollar luxury yacht, you're going to get a huge tax break,» Deutsch said.
By David Robinson News Business Columnist If your company gets tax breaks through the Erie County Industrial Agency, you just might have a visitor in the coming months.
«Why shouldn't we be first to say that we think it's important that, if you get a tax break, that you pay your female employees the same as your male employees for comparable jobs with comparable experience?»
Lavine said if elected, she would return donations she's collected from developers or anyone else seeking to do business with or get a tax break from the city.
«The point is this: you could have the best Labour mayor we've ever seen, but if you've got a Tory government privatising the NHS, not building homes, increasing inequality, keeping the bedroom tax, having young people thrown on the scrapheap, leaving the European Union, Scotland breaking away from the United Kingdom, what is the point?»
Three people familiar with the commission's deliberations told Capital that rather than an income - tax cut, which was hinted at by committee co-chair and former governor George Pataki, committee members are instead focusing on some sort of property tax «circuit - breaker,» where individuals would get a break on local levies if their property taxes were adjudged to be too high as a function of their income.
Once the tax break ended ten years later, he put the place up for sale for $ 2.49 million which means if he gets his asking price he'll get back all the money he invested for building the business plus a million dollars profit (not counting the profit he's taken from the business for the years it has been operating).
Avella added that if MLS gets tax breaks as has been rumored, in his eyes it would contradict the league's claims that the stadium would be built without public money.
City officials fear that the costs of the program could skyrocket further if condominium projects are allowed to obtain 421 - a tax breaks, something both Mr. de Blasio and Mr. Cuomo oppose, though some state senators have suggested allowing them to get the tax breaks.
If the GM owner gets the tax credit and the Toyota driver doesn't then you are looking at 14 + years to break even.
Getting there late Job fairs can be taxing on recruiters, who may have few, if any, breaks or chances to get food and water.
If you run a pass - through business that earns up to $ 157,500 a year if you're single ($ 315,000 if you're married), you get a 21 percent tax break on all profit that comes through your company — in other words, only 80 percent of that income would be taxeIf you run a pass - through business that earns up to $ 157,500 a year if you're single ($ 315,000 if you're married), you get a 21 percent tax break on all profit that comes through your company — in other words, only 80 percent of that income would be taxeif you're single ($ 315,000 if you're married), you get a 21 percent tax break on all profit that comes through your company — in other words, only 80 percent of that income would be taxeif you're married), you get a 21 percent tax break on all profit that comes through your company — in other words, only 80 percent of that income would be taxed.
A qualified distribution requires that you be age 59.5 up or disabled (or dead and the distribution to your beneficiary or estate) or some cases that the legislators decided it's okay for you to break the implied deal that you get the tax break only if you save for retirement: unusually high medical expenses, higher education, buying a first home, reservist called to active duty.
Based on that, some people conclude that they MUST have a huge mortgage just for the sake of getting the tax break, as if it were some great deal the government offers and it just can't be passed up.
I am not sure if linguee.com translated that correctly, I mean «Eigenkapital», i.e. the part of the money you do not need from the bank) is reasonable depends on what you want to do with the house - if you are planning to rent it out less equity might make sense, since you get a few tax breaks that are not available if you want to live there yourself.
You may also be able to get additional tax breaks by creating your own business if you're working as a 1099 employee.
If they did get a tax break say 30 years ago when they started to contribute it is much less value than at today» stax rate 30 years later AND they are also paying the tax on the interest that accumulated for 30 years.
In contrast, if getting a tax break up front appeals to you then you might opt for a Traditional IRA.
Note that Canadian dividends will get you a nice tax break at all income levels, but the benefit is especially large if you're in a lower tax bracket.
If your lower taxes will come in retirement, then go with a Traditional IRA to get the tax break when your taxes are higher, and pay taxes on your contributions once you are in a lower bracket.
Similarly, if you're a higher income earner, starting with good pay or getting started a little later in investing, you won't need to worry about owing significantly higher taxes on withdrawals than you will on contributions and a traditional account would be more appealing for the initial tax breaks.
Tax deductions are great if you were going to buy a tax deductible item anyway, but in almost every circumstance you're fooling yourself if you think you're getting ahead by purchasing something to get a tax breTax deductions are great if you were going to buy a tax deductible item anyway, but in almost every circumstance you're fooling yourself if you think you're getting ahead by purchasing something to get a tax bretax deductible item anyway, but in almost every circumstance you're fooling yourself if you think you're getting ahead by purchasing something to get a tax bretax break!
That said, you could qualify for a potentially lucrative tax break on company shares held within a 401 (k), particularly if those shares have appreciated substantially in value over the years (although taking advantage of that break can get complicated).
If you are not breaking even based on your costs, then it becomes an exercise that can lower your overall taxes (you could potentially get back some of the tax you paid through PAYE), but tax authorities generally take a dim view of deductions from loss - making businesses as it is a method people some people try to use to avoid taxes.
You'll get a tax deduction on contributions, the growth and reinvested distributions are tax - free along the way, but you'll have to pay ordinary the highest income tax rates on all of the money when you make withdrawals (and there are tons of rules about what you can and can't do, and stiff tax penalties if you break them).
Another way to think about it: If you typically get a tax refund, go with a Roth IRA — you don't need any more tax breaks right now.
So you have the opportunity to bail, and get a tax break, if you do it right after you bought and you're selling at a loss because of the front - end loads.
But when the government gets around to breaking the world again, not an if but a when, then it may be so bad that this time failed life insurance companies will not get bailed out with gazillions of your tax dollars.
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