Sentences with phrase «income tax items»

You said the income tax item was «legally questionable».

Not exact matches

In addition to the results provided in accordance with US Generally Accepted Accounting Principles («GAAP») in this press release, the Company provides measures adjusted for Special Items, which include Adjusted Operating Profit, Adjusted Diluted Earnings Per Common Share, Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for income tax, interest income, depreciation, amortization and other items, including store impairment chaItems, which include Adjusted Operating Profit, Adjusted Diluted Earnings Per Common Share, Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for income tax, interest income, depreciation, amortization and other items, including store impairment chargTax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for income tax, interest income, depreciation, amortization and other items, including store impairment chargtax, interest income, depreciation, amortization and other items, including store impairment chaitems, including store impairment charges.

Adjustments to the provision for income taxes for the three months ended March 31, 2018 and March 31, 2017 consist of $ 1.1 million and $ 0.6 million, respectively, of tax expense related to the excluded items discussed above.

T - Mobile is not able to forecast net income on a forward looking basis without unreasonable efforts due to the high variability and difficulty in predicting certain items that affect GAAP net income including, but not limited to, income tax expense, stock - based compensation expense and interest expense.

Represents provision for income taxes plus income taxes on restructuring and other items and adjusted interest expense.

Details of the significant non-recurring and non-operational items included within operating profit, interest and income tax of continuing operations for the quarters ended March 31, 2018 and 2017 above are as follows:

Income tax effects of the foregoing non-GAAP items.

For its internal budgeting process, and as discussed further below, Cree's management uses financial statements that do not include the items listed below and the income tax effects associated with the foregoing.

Adjusted earnings and adjusted diluted earnings per share exclude the effects of inventory step - up; certain inventory and manufacturing - related charges connected to discontinuing certain product lines, quality enhancement and remediation efforts; special items; intangible asset amortization; any related effects on our income tax provision associated with these items; the effect of U.S. tax reform; and other certain tax adjustments.

Your incorporated business can earn above - cost, federal income tax deductions on items you donate.

Yum's net income jumped 48 % to $ 622 million, or $ 1.56 per share, helped by lower taxes, gains from selling restaurants to franchisees, lower food and paper costs and other items.

Discrete tax items and tax effect of non-GAAP adjustments - The income tax effect of non-GAAP adjustments relates to the tax effect of the adjustments that we incorporate into non-GAAP financial measures in order to provide a more meaningful measure of non-GAAP net income.

Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects:

It applied to certain income items («preferences») that were taxed lightly or not at all under the regular income tax.

After calculating their regular income tax, many middle - and upper - income taxpayers must add a number of AMT «preference items» to their taxable income, subtract an AMT exemption amount, and recalculate their tax using the AMT tax rate structure.

2T - Mobile is not able to forecast net income on a forward looking basis without unreasonable efforts due to the high variability and difficulty in predicting certain items that affect GAAP net income including, but not limited to, income tax expense, stock based compensation expense and interest expense.

The largest preference item was the portion of capital gains excluded from the regular income tax.

Net Income Before Extraordinary Items represents net income before being adjusted by extraordinary items, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary Income Before Extraordinary Items represents net income before being adjusted by extraordinary items, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary iItems represents net income before being adjusted by extraordinary items, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary income before being adjusted by extraordinary items, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary iitems, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary iitems, and taxes on extraordinary itemsitems.

In addition, we believe it is useful to exclude interest income and expense, other income and expense, and provision or benefit from income taxes, as these items are not components of our core business operations.

Net Income Including Extraordinary Items represents net income after being adjusted by extraordinary items, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary Income Including Extraordinary Items represents net income after being adjusted by extraordinary items, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary iItems represents net income after being adjusted by extraordinary items, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary income after being adjusted by extraordinary items, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary iitems, such as accounting changes, discontinued operations, extraordinary items, and taxes on extraordinary iitems, and taxes on extraordinary itemsitems.

I haven't seen anything that looks like an actual tax form to see if any items are excluded from the taxable income calculation - like losses or say large solo k deductions that many self employeds have.

Your MAGI (modified adjusted gross income) is calculated by taking your AGI and adding back certain items — including student loan interest, IRA contributions, passive income or loss, and 1/2 of self - employment tax.

Table A. «All Returns: Selected Income and Tax Items in Current and Constant 1990 Dollars, Tax Years 1990 — 2014» and Table 3.3.

(2) The Company calculates non-GAAP underlying pretax and after - tax income, underlying effective tax rate, underlying EBITDA and underlying free cash flow results by excluding special and other non-core items from the nearest U.S. GAAP performance measure, which is net income from continuing operations attributable to MCBC for both underlying after - tax income and underlying EBITDA and net cash provided by operating activities for underlying free cash flow.

«We believe that adjusted EBITDA is an important measure of our operating performance because it allows management, investors and analysts to evaluate and assess our core operating results after removing the impact of changes in our capital structure, income - tax status and method of vehicle financing, and other items of a nonoperational nature that affect comparability,» Zipcar said in its most recent filing.

Then, see if you can plan your finances in a way that allows you to take advantage of income reductions and items that directly reduce the taxes you owe.

An alternative minimum tax (AMT) recalculates income tax after adding certain tax preference items back into adjusted gross income.

A number of items that are taxed federally can be subtracted from taxable income in North Dakota.

Pre-tax distributable earnings are defined as GAAP income (loss) from operations before income taxes excluding items that are primarily non-cash, non-dilutive, and non-economic, such as:

«Focus your attention on three separate items: deductions for adjusted gross income, tax credits and itemized deductions,» she said.

«All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status, Tax Year 2014»; Table 1.3.

If households have disposable income of # 7791 and are spending # 7085 on VAT goods, where are they getting the money to spend on the items that attract approximately # 900 in other indirect taxes (tobacco, fuels, etc.)?

Under the governor's budget proposal, two of the top items on his wish list — covering state college tuition for hundreds of thousands of low - and middle - income New Yorkers, and a package of tax cuts aimed at the middle class — would be made possible in part by a three - year extension of a higher tax on people who make more than $ 1 million a year, another policy favored by liberals.

Notably, Cuomo failed to roll out one of the keynote items he promised earlier this year: A plan to shift the collection of taxes from an income - tax - based system to a payroll - tax - based system.

During her press conference outside PS 13, Ms. Malliotakis unveiled her Albany reform agenda, including: Requiring a two - thirds legislative majority to pass new taxes and fees; capping the rise in spending at the rate of inflation or 2 percent, whichever is less; requiring legislators to disclose outside sources of income; requiring public authorities like the MTA to undergo an independent financial audit, and calling for a constitutional convention to address items that have bedeviled the state recently, such as appointing a lieutenant governor and breaking a Senate tie.

A spokesman for the governor counters that Cuomo has a number of items in his budget aimed at helping businesses, including a cut in corporate taxes and elimination of upstate manufacturing taxes, as well as recent reductions in the personal income tax for businesses making under $ 1 million a year.

Senate GOP spokesman Scott Reif argued the Republican conference has fought for and won «conservative - agenda items» like the property tax cap, middle class income tax cut, adherence to 2 percent spending cap in six consecutive budgets, and funding parity for upstate transportation projects.

Other budget items are bold rebuttals to the Trump administration: a $ 10 million investment to create an immigrant legal aid fund and a new provision allowing union members to deduct their dues on state income taxes.

But President Mahama said, «if you take the NPP's economic plan, they are reducing taxes on everything; removing taxes on raw materials, reducing VAT on several items, reducing corporate income tax so when you do that you are reducing your revenue.»

As supporters of the proposal argue that a tax on essential items is a burden on low - income consumers, similar measures have cropped up across the country.

The highest profile item is the plan in the House bill to tax graduate student tuition waivers as income, effectively making the young people who are helping the nation move forward with critical research pay taxes on «incomes» that are tens of thousands of dollars higher than they actually get paid.

For tax purposes, community property law treats most items of income of married couples as belonging half - and - half to each spouse.

An alternative minimum tax (AMT) recalculates income tax after adding certain tax preference items back into adjusted gross income.

The first part of the third item above is something that you could do, but it will make no difference as far as your FICA taxes for 2012 are concerned — they are due by April 15, 2013 regardless of whether you file MFS or MFJ after electing to be treated as a resident — only income taxes due might (possibly) change.

§ 83 (a) stops taxation until the substantial risk of forfeiture abates (i.e. no tax until stock vests) since the item is revocable and not yet truly income.

You can save all of your receipts and report the exact amount you owe or follow the instructions included with your income tax return to use the Use Tax Lookup Table for nonbusiness items with a purchase price under $ 1,0tax return to use the Use Tax Lookup Table for nonbusiness items with a purchase price under $ 1,0Tax Lookup Table for nonbusiness items with a purchase price under $ 1,000.

The other important thing you need to know is that fees that are eligible for deduction are listed on schedule A of your tax return on line 23, the total of items from line 21 to 23 of schedule A are only deductible to the extent that they exceed 2 % of your adjusted gross income (AGI).

I tried to file it in 2014 with a completed 1040NR - EZ for 2012 - 2013 and a completed 1040NR - EZ for the tax year 2013 - 2014, where the only item on the latter was the income from my 1042 - S form.

In addition, the difference in effective and marginal rates may also be due to a substantial amount of non-taxable income items or tax deductions and credits that decrease income.

You may have to pay the AMT if your taxable income for regular tax purposes, combined with certain adjustment and tax preference items (including interest on certain private activity bonds), is more than the following exemption amounts below: