Sentences with phrase «in federal tax breaks»

Not exact matches

But Trump's upset victory over Democrat Hillary Clinton in the Nov. 8 presidential election has cast doubt on the future of a federal tax break for renewable energy seen critical to the industry's continued growth.

In 1969, government officials noticed that 155 people with high incomes were legally using so many deductions and other tax breaks and that they were paying absolutely nothing in federal income taxeIn 1969, government officials noticed that 155 people with high incomes were legally using so many deductions and other tax breaks and that they were paying absolutely nothing in federal income taxein federal income taxes.

The decision has been ascribed to some combination of the persuasive powers of the president - elect, about $ 7 million in tax breaks from the state of Indiana, and implicit threats to the valuable business Carrier's parent company United Technologies, a major military contractor, conducts with the federal government.

Federal tax exceptions are in simple terms a tax break.

The federal tax code doesn't tax less for those who live in SF where the median house costs $ 1.5 M to give them a break.

President Trump has vowed to help bring back the industry by rolling back environmental regulations, offering tax breaks to invest in infrastructure and ending a moratorium on mining on federal land enforced by President Obama.

Keep in mind, the majority of education tax breaks are designed for taxpayers who are single filers or who use the «married filing jointly» filing status on their Federal return.

In 2013, the Walton family received $ 8 billion in tax breaks, $ 6.2 billion of which came from federal taxpayer subsidies handed to them because employee wages are so loIn 2013, the Walton family received $ 8 billion in tax breaks, $ 6.2 billion of which came from federal taxpayer subsidies handed to them because employee wages are so loin tax breaks, $ 6.2 billion of which came from federal taxpayer subsidies handed to them because employee wages are so low.

The biggest tax break for individuals allows people who live in states without an income tax to deduct state and local sales taxes on their federal returns.

In a week when business lobby groups are appearing before the House of Commons Committee on Finance and calling for more tax breaks, the federal R&D Panel appointed a year ago released a very good report saying Canada's very generous system of R&D tax incentives haven't been effective and what we need instead are more direct grants -LSB-...]

Mario Costanz, CEO of Happy Tax, says landlords scored a big break in the recent federal tax reform biTax, says landlords scored a big break in the recent federal tax reform bitax reform bill.

james, stop showing your ignorance... there is nothing ethically wrong with a church expressing political views (especially when they are in SUPPORT of the administration in charge)... however the only way they could lose their exempt status is if they started breaking federal tax exemption laws... which they have not... so stuff it.

They gave Wall Street billions in tax breaks and their leader was convicted on federal corruption charges.»

A little - known federal tax break to finance new charter school construction, the New Markets Tax Credit, is so lucrative that a lender who uses it can almost double his money in seven yeatax break to finance new charter school construction, the New Markets Tax Credit, is so lucrative that a lender who uses it can almost double his money in seven yeaTax Credit, is so lucrative that a lender who uses it can almost double his money in seven years.

These features, combined with the power to dispense billions in federal and state funds, bond for debt, grant extensive tax breaks, override local land use laws, and take private property through eminent domain, makes the ESDC one of New York's most powerful honey pots.

He says both received big tax breaks in the federal tax overhaul, so can afford it.

New York Gov. Andrew Cuomo, aware of the significance of the federal tax break, warned Congress of the consequences when the idea to eliminate the deduction surfaced in 2013 as a way to decrease the federal deficit.

A Bronx landlord who owns 60 buildings with more than 4,000 serious violations has cashed in on millions in federal subsidies and state tax breaks, records show.

Embattled state Sen. John Sampson pleaded not guilty in Brooklyn federal court Tuesday to charges that he lied to federal prosecutors about asking a staffer to seek tax breaks for...

Embattled state Sen. John Sampson pleaded not guilty in Brooklyn federal court Tuesday to charges that he lied to federal prosecutors about asking a staffer to seek tax breaks for a liquor store he secretly owned.

Under the IDA's new policy, companies receiving tax breaks beginning in September must certify that they are complying with all federal and state equal pay laws and that they have not been found to have violated those laws within the past five years.

In C.A., N.Y., and N.J., Democratic pols are designing «charitable contribution» schemes to maintain federal tax breaks eliminated by Trump bill.

Galesi received tax breaks for environmental remediation at the new Golub headquarters; $ 583,162 a year in tax exemptions for the new Center City building, and was recently rolled into a federal package to receive money to demolish a former county department of social services building so the land could be used for apartments.

He said both received big tax breaks in the federal tax overhaul, so can afford it.

It will also enter 1,400 units in a development in Far Rockaway, Queens into HUD's controversial Rental Assistance Demonstration plan, which will remove the apartments from the usual federal subsidy streams and instead place them on Section 8 contracts — allowing NYCHA to mortgage the properties with private lenders and receive an array of tax breaks.

Now, though, with the state planning to slash funding for Medicaid and education, legislators, particularly in the Assembly, were pushing for its extension, arguing that the state's wealthiest had already received a federal break when the Bush tax cuts were continued this past December.

In exchange, the company received a package of state and federal tax credits, local property tax breaks, discounted power, and grants worth a combined $ 85 million.

In addition, snatching any of the federal tax break now promised to corporations while adding the burden of a statewide payroll tax could be opposed by companies the state is trying to keep in New York and help groIn addition, snatching any of the federal tax break now promised to corporations while adding the burden of a statewide payroll tax could be opposed by companies the state is trying to keep in New York and help groin New York and help grow.

Democratic officials in some high - tax states are pushing legislation that would retain a federal tax break for state and local taxes, a deduction that was capped in the recent GOP tax overhaul

In 2002, federal investigators said Mr. Litwin and dozens of other property owners had received illegal tax breaks arranged by a consultant who was charged with bribing tax assessors in a scheme that cost the city $ 160 million in revenue over four yearIn 2002, federal investigators said Mr. Litwin and dozens of other property owners had received illegal tax breaks arranged by a consultant who was charged with bribing tax assessors in a scheme that cost the city $ 160 million in revenue over four yearin a scheme that cost the city $ 160 million in revenue over four yearin revenue over four years.

Both receive massive tax breaks in return for providing «community benefit,» a poorly defined federal requirement that they serve their neighborhoods.

To entice a presidential signature of the legislation — which would create tax breaks for parents» public and private education expenses — House and Senate negotiators have included a new reading program in it and deleted language that would have blocked plans for new national tests and transformed most federal education funding into block grants.

In addition, it paved the way for federal appropriations and federal tax breaks for charter school construction.

The federal government provides billions of dollars in student aid and tax breaks to the nation's colleges and universities each year, and it demands remarkably little in return.

But by claiming a tax break known as the Saver's Credit, singles and heads of households who contribute to a 401 (k), IRA (traditional or Roth) or similar retirement account may qualify for a tax credit of as much as $ 1,000, while married couples filing jointly may be able to snag a credit of up to $ 2,000, in effect making the federal government a partner in building your retirement nest egg.

But if the tax break isn't extended, and if your marginal federal income tax rate is 15 %, the same sale occurring after December 31 would result in federal income tax liability of:

As a homeowner, you are privy to extreme tax breaks from the federal government while you live in your home, as well as after you sell your home.

The NDP's platform does include subsidies in the form of tax breaks for landlords to construct affordable rental units, but Mulcair has refused to say if he would use the federal government's regulatory powers to tighten lending rules and cool the market.

Called 529 savings plans, all 50 states now have some way for households to start saving for college — and each state offers their own advantages to investors, including both federal and, in some cases, state tax breaks.

He has supported several policies that escalated federal funding in the past, and he currently supports tax break and refinancing legislation to help improve affordability.

Keep in mind that although contributions are not deductible at the federal level, most states offer residents a state tax break.

Tax experts estimate that failure to claim the Income in Respect of Decedent (IRD) deduction can result in a tax rate of 80 % or more on the inherited amount, broken down to a combination of estate taxes paid by the deceased IRA owner and federal / local state taxes paid by the beneficiary who inherits the assets after the death of the IRA ownTax experts estimate that failure to claim the Income in Respect of Decedent (IRD) deduction can result in a tax rate of 80 % or more on the inherited amount, broken down to a combination of estate taxes paid by the deceased IRA owner and federal / local state taxes paid by the beneficiary who inherits the assets after the death of the IRA owntax rate of 80 % or more on the inherited amount, broken down to a combination of estate taxes paid by the deceased IRA owner and federal / local state taxes paid by the beneficiary who inherits the assets after the death of the IRA owner.

In 1969, Congress noticed that 155 people with high incomes were legally using so many deductions and other tax breaks that they were paying absolutely nothing in federal income taxeIn 1969, Congress noticed that 155 people with high incomes were legally using so many deductions and other tax breaks that they were paying absolutely nothing in federal income taxein federal income taxes.

If you remember from our previous 529 articles, one of the main benefits of investing in a 529 is the federal and sometimes, state, tax breaks.

Mr. Andreas's company, Archer Daniels Midland Company, dominates an American ethanol industry that by most accounts would not exist without the estimated $ 6 billion in Federal subsidies it has received since Mr. Dole sponsored legislation establishing the tax break nearly 20 years ago.

The solar facility was backed by $ 21.5 million in federal grants and tax breaks.

In addition to his opposition to meaningful action to reduce global warming pollution, Paul Ryan's budget called for «drastic cuts in federal spending on energy research and development and for the outright elimination of subsidies and tax breaks for wind, solar power and other alternative energy technologies.&raquIn addition to his opposition to meaningful action to reduce global warming pollution, Paul Ryan's budget called for «drastic cuts in federal spending on energy research and development and for the outright elimination of subsidies and tax breaks for wind, solar power and other alternative energy technologies.&raquin federal spending on energy research and development and for the outright elimination of subsidies and tax breaks for wind, solar power and other alternative energy technologies.»

According to the Wikipedia article on wind power generation in Iowa, the industry is subsidized by a one cent per KwH tax credit, plus property and sales tax breaks for generation facilities and equipment, plus unenumerated but presumably meaningful support by taxpayers of other states in the form of federal subsidies.

Tax breaks — both federal and state — have made solar panels in particular cheaper than ever before.

Outback Power — Leading designer and manufacturer of advanced power electronics for renewable energy, back - up power and mobile applications — we are using their charge controller, inverter / charger and Mate 2 High Flex Solar — San Jose, CA — flexible solar panels — we are using two 130 watt panels Bogart Engineering — Excellent battery monitor (we are using the 2025 RV model)-- tells % full, simple to use DSIRE — Database of State Incentives for Renewables and Efficiency — great resource O Ecotextiles — Luxurious, sensuous fabrics that are non-toxic, ethical and sustainable Hardwoods Inc — Hardwoods specialists, FSC certified, eco bamboo and Echo Wood Greenguard Certification — Indoor Air Quality certification — alternative products Mythic Paint — Non toxic, ultra low odor paint Federal Tax Breaks — Dept. of Energy Terrasanti — Extraordinary natural wall finishes in hundreds of styles and colors — Penngrove, CA www.americanclay.com — Natural earthen plaster www.themarmoleumstore.com — Hip linoleum: linseed oil, rosins, wood flour, jute and ecologically responsible pigments.