Sentences with phrase «in the tax law allowing»

One of the oldest rules in the tax law allows investors to choose which shares are being sold when disposing of part of their holdings in a particular stock.

Until recently a controversial loophole existed in the tax law allowing buyers of high - end luxury SUVs, to write - off the entire expense of the vehicle in the year of purchase.

Not exact matches

Fox said he eventually expects Mexico to produce and export as much as 60 percent of the marijuana used by those in the U.S. Fox said cannabis «has to be integrated into NAFTA,» allowing it to be traded across the border «without barrier, without taxes and limits, only complying with the law.»

By augmenting your retirement savings strategy with a Roth IRA, you'll be able to maximize your retirement savings in tax advantaged accounts to the full extent that the law allows.

Japan's government loosened laws on pensions in May, allowing almost all working - age Japanese to join private defined - contribution retirement plans — similar to individual retirement accounts (IRAs) in the United States that allow workers to make regular contributions to an investment fund with tax breaks.

In those cases, the IRS has said that it will allow taxpayers to request clarification of the tax laws as they relate to an individual's or a company's very specific set of circumstances,» explains Eileen J. O'Connor, a partner in the Washington, D.C., tax office of accounting firm Grant ThorntoIn those cases, the IRS has said that it will allow taxpayers to request clarification of the tax laws as they relate to an individual's or a company's very specific set of circumstances,» explains Eileen J. O'Connor, a partner in the Washington, D.C., tax office of accounting firm Grant Thorntoin the Washington, D.C., tax office of accounting firm Grant Thornton.

And because Senate rules will require the plan to fit within a budget resolution that will most likely allow only $ 1.5 trillion in revenue losses over a decade, lawmakers will have to trim its proposed tax cuts — or add new tax increases — to meet that specification before it can become law.

So if the laws in your country allow capital losses to be used to reduce taxes, then make sure to harvest your losses if a bear market ensues.

Maybe they manipulated the tax system in other ways, including taking advantage of certain domestic state laws that allow for a degree of anonymity.

Under the new tax reform law, no deduction is allowed for business entertainment, beginning in 2018.

What's more, the Tax Cuts and Jobs Act, which was signed into law in December 2017, officially closed the tax loophole that allows crypto investors to use the like - kind exchange to sidestep taxatiTax Cuts and Jobs Act, which was signed into law in December 2017, officially closed the tax loophole that allows crypto investors to use the like - kind exchange to sidestep taxatitax loophole that allows crypto investors to use the like - kind exchange to sidestep taxation.

In order to allow tax reform legislation that reduces revenues through reconciliation, the budget resolution would have to set a revenue level below current law and give the Ways and Means Committee instructions to reduce revenues.

and that is» O.K.» Recently when the young jewish boy was kidnapped and butchered it was revealed that in that area jews are allowed to have their very own «police force» and that is «O.K.» Every hard working, law - abiding, tax - paying legal citizen in this country needs to take a VERY SERIOUS LOOK at jews in the USA and how they manage to to have their own police, ambualnce service, ect.

!!!! The more freedom we give those Muslims by letting them wearing their scary Islamic clothes, opening mosques (paying no tax), shoveling their evil religion in our throats, wanting Sharia Laws, etc. — the more problems will be caused!!!!!!!! Most Muslims are extremists, and even «moderate» Muslims still support them, so we should NOT tolerate them and we should BAN Islam unless they allow other religious minority in their countries to live in peace!!!!!

They suggested three ways in which RFRA might conceivably be interpreted (misinterpreted, really) to create bad consequences: (1) to give a church's opponents legal «standing» (a technical term meaning the right to sue) to challenge the church's tax - exempt status; (2) to allow taxpayers to claim their free exercise rights would be violated if a religiously affiliated organization receives government assistance under a secular program; and, most importantly, (3) to allow pro-abortion plaintiffs to claim a free exercise right to abortion if Roe v. Wade is overruled and states enact anti-abortion laws.

«It is not difficult to imagine what would happen if we suddenly allowed churches to engage in political activity and retain their current tax - exempt status,» Arizona State University Law professor Adam Chodorow wrote for Slate.

It is unfortunate that there are some academic bioethicists who approach Catholic moral theology as if it were a discipline akin to tax law, where anything not yet expressly forbidden in magisterial documents may still be allowed.

Donations to the Feeding Tomorrow are tax - deductible to the fullest extent allowed by law in the United States.

MMA should be allowed because the public will pay good money to attend these events and that will attract a fairly significant tax base (plus spin off benefits abound in restaurant sport bars, souvenirs, gym memberships, promotional firms, etc), but whats my opinion worth, I am just a CPA with a law degree and LL.M.

Businesses need enhancements to tax laws, access to property and finance, improvements in regulatory and business environment, improvements in petrol and electricity availability, and in the context of current policy, a flexible exchange rate policy that allows producers secure foreign currency to procure imported inputs!

ALBANY — The Cuomo administration on Wednesday detailed several proposals that could allow some higher - income, middle - class New Yorkers to avoid paying more federal taxes under the new tax cut law passed in Washington last month.

New York State law allows for tax receivers to collect property taxes after the warrant date in each individual county.

Governor Cuomo, responding to the end to state and local tax deductions in the federal tax law, has issued an emergency order to allow New Yorkers who owe more than $ 10,000 in property taxes each year to pay them early to get around the new law.

The bills were based, by law, on the spending plan Paterson first proposed in January, but they restored some of his school aid cuts, eliminated his tax cap and took out a proposal to allow SUNY and CUNY the ability to raise tuition unilaterally — basically all the stuff that might possibly have compelled any of the members to explain anything difficult to their constituents.

The governors said they believe the law unfairly and perhaps deliberately punishes high - tax states, whose residents will have to pay more in total taxes if they are no longer allowed to fully deduct their state and local taxes from the federal tax forms.

A 2006 law sponsored by Silver allowed private schools to receive the tax abatements offered to commercial properties in Lower Manhattan.

The baseline is used in calculating tax restrictions on individual school districts, which vary widely depending upon exceptions allowed under the law, such as voter - approved borrowing for school construction and renovation.

It the law is allowed to lapse — it is reduction in taxes for an even larger group of high - income earners

For example, in NFIB v. Sebelius, Justice Scalia (writing in dissent) felt that Roberts» construction of the individual mandate as a tax changed the law, and was therefore not allowed:

Airbnb, the fast - growing home - sharing company, says its hosts would pay more than $ 21 million a year in New York City and state taxes if the laws were changed to allow such a tax collection.

If this amendment were to become law, it would allow Erie County to provide tax relief for residents and allow Erie County to make greater investments in county services, roads and public safety.

The proposal by Cahill, D - Kingston, and Seward, R - Milford, would amend state tax law to allow two existing resorts in Ulster County to install video lottery terminals, commonly called VLTs, operated by the Catskill Regional Off - Track Betting Corp..

I mean, we know that the parcel of land is private where the pipe sits, and we know it is only assessed at $ 200, but the people of New York City are not going to appreciate finding out they have to dicker with a village that is not required to exist and a county legislator who is not required at all if the village is not required, and a village that allows landlords, like the county legislator who has to live in his district, the village of new paltz, to not NOT be a commercial property tax rate because the TOWN has no Homestead Law.

«Many states already have laws in place granting state income tax credits for donations to certain funds, and the IRS has allowed taxpayers who take advantage of these credits to deduct their payments as charitable contributions rather than as state taxes,» the analysis stated.

In addition, given the saturation of casinos upstate, New York would be hard - pressed to find a private developer willing to place another casino in Niagara Falls, especially next to the Senecas» tax - free casino, which also allows gamblers to ignore New York's indoor anti-smoking lawIn addition, given the saturation of casinos upstate, New York would be hard - pressed to find a private developer willing to place another casino in Niagara Falls, especially next to the Senecas» tax - free casino, which also allows gamblers to ignore New York's indoor anti-smoking lawin Niagara Falls, especially next to the Senecas» tax - free casino, which also allows gamblers to ignore New York's indoor anti-smoking laws.

Donations are tax - deductible to the extent allowed by law in your country.

Officials have argued that state law allows the commission to deny tax incentives to films with «inappropriate content or content that portrays Texas or Texans in a negative fashion.»

In fact, New Hampshire's tax credit scholarship law allows low - income students currently attending private school to receive scholarships, though some scholarships are reserved for students transitioning out of public school.

In addition, New Hampshire's scholarship tax - credit law includes an ESA - style provision that allows homeschoolers to spend scholarship funds on a variety of educational products and services similar to those permitted by the Arizona and Florida ESA laws.

Unfortunately, for all of the noise Prof. Greene makes about proper academic standards, he simply stoops to waving the red flag of anti-communism when he concludes by suggesting that our assertion, «the only reason the superrich have these massive billions, and hence a major voice in policy, is because of unfair tax laws that allow them to keep the vast wealth their employees have created,» reveals us as, uh oh, Marxists!

The federal appeals court in St. Louis — directly contradicting a two - year - old decision by its counterpart in Boston — has upheld a Minnesota law allowing parents of private - school students to take state income - tax deductions for tuition and other expenses.

For example, they dismiss the legitimacy of billionaire - backed reforms because «the only reason the superrich have these massive billions, and hence a major voice in policy, is because of unfair tax laws that allow them to keep the vast wealth their employees have created.»

61 % of those surveyed agree with an Arizona law that provides tax credit scholarships to special education students in traditional public schools, allowing them to attend the public or private school of their choice.

Sixteen states already grant tax credits for scholarships for private schools, and New Hampshire's law allows families to use the scholarships in a manner similar to ESAs.

Sunshine laws and public meetings allow citizens to have a say in how their children are educated and how their tax dollars are spent.

Lexie's Law allows corporations to redirect their Arizona state tax liability to help fund scholarships specifically for children in Preschool — 12th grade with special needs, children in foster care or adopted from foster care.

The law limits scholarships to students in the lower half of incomes in the state but would allow tax credits for a group that would let parents use the scholarship at any approved school in the state.

Certificate of title, license fees, or any additional registration fee, if any; taxes; and other fees or charges that are allowed or prescribed by law are not included in advertised prices.

Disclaimer: Certificate of title, license fees, or any additional registration fee, if any; taxes; and other fees or charges that are allowed or prescribed by law are not included in advertised prices.

Current law allows individuals under the age of 50 to contribute up to $ 15,500 in their 401K plans (2008 Tax Year).