Sentences with phrase «gets tax breaks through»

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.

The Varick Street hydroelectric plant in Oswego is one of the Upstate hydro facilities for which Brookfield Asset Management, of Canada, got tax breaks through the Empire Zones program.

Not exact matches

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.

Through 2010, S corporations beyond the seventh year of this so - called «built - in gains holding period» get a break: the taxes on realized gains, normally paid at the highest corporate tax rate before being taxed once more on an individual return, are waived entirely.

* finally, when the Tories introduce their # 150 marriage tax break through transferable allowances (which 1 in 3 married couples will get, though double - earner households won't), that will also be lost by anybody who gets it at the same point, exacerbating further this marginal rate issue at that point.

The owners of Adam's Mark Hotel in Buffalo are getting $ 470,000 in sales tax breaks through the Erie County Industrial Development Agency for the second stage of its upgrade project for the downtown hotel.

It walks you through easy questions to make sure you're getting all the tax breaks available to you.

Remember, most people get a tax refund, but the goal really is to break even (that means withholding enough through the year to balance at tax time).

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 taxed.

By writing the debt off, the bank financially benefits through tax breaks, essentially getting reinbursed.

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.

The FERS retirement package offers you a way to save extra money for the future and get a tax break today through the Thrift Savings Plan.

IRAs let you save for retirement and get a current tax break, and with 401 (k) plans at work, many workers benefit not only through their own savings but also from the extra money that some employers put toward their employees» retirement through employer matching or profit - sharing contributions.

As Bloomberg News reports, the Tax Reform Act will be very good for rental property owners and landlords if they do business via pass - through entities — real estate investment trusts, partnerships, limited liability companies, and S corporations — all of which are set to get big tax breaks in the ATax Reform Act will be very good for rental property owners and landlords if they do business via pass - through entities — real estate investment trusts, partnerships, limited liability companies, and S corporations — all of which are set to get big tax breaks in the Atax breaks in the Act.