Sentences with phrase «less liability if»

Not exact matches

If the debts are due in one year or less, they are classified as a current liabilities.

«If you anticipate the kind of huge appreciation in your personal wealth that could come from an IPO or a company sale, the best thing you can do is transfer stock to your heirs before the sale, because it will be worth much less then, and that minimizes the tax liability,» explains Allan Landau, a partner with Boston law firm Sherburne, Powers & Needham.

If the current ratio is less than one, it can mean that any current liabilities business owners are paying are costing the company more money than the assets they are bringing in.

When you file your tax return, if the amount of taxes you owe (your tax liability) is less than the amount that was withheld from your paycheck during the course of the year, you will receive a refund for the difference.

Tax filers who qualified for less than $ 300 of the full basic credit ($ 600 for joint filers) could get $ 300 ($ 600 for joint filers) if they had either (1) at least $ 3,000 in earnings, Social Security benefits, and veteran's payments or (2) net income tax liability of at least $ 1 and gross income above specified thresholds.

Although it might seem easier and less expensive to start off as a sole trader, you could find it hard to secure suppliers and finance if you are not a limited liability company.

Borderland insanity, crankiness, insane temperament, loss of mental balance, psychopathic degeneration (to use a few of the many synonyms by which it has been called), has certain peculiarities and liabilities which, when combined with a superior quality of intellect in an individual, make it more probable that he will make his mark and affect his age, than if his temperament were less neurotic.

And I've said to Jeremy, «if you end up like Michael Foot and Gordon Brown and [Ed] Miliband as a liability to the party, if you are far less popular than the party when we are coming up to an election you will have to go.

So if the Current Asset: Current Liability ratio is less than 1, chances are, the company isn't doing very well — they can't pay back all the money they owe with the cash they'll have on hand and will have to start selling long - term assets, or look at refinancing the company, in order to pay their short - term bills.

If your tax liability is less than the credit amount, then the child tax credit is limited to the balance, but your financial circumstances may also make you eligible for the «additional child tax credit,» which would result in a refund from the IRS.

Because his tax liability would have been less if he had converted then, Richard decided to recharacterize his conversion to a traditional IRA on August 1, before the October deadline.

As you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.

Even if you're not nearing the end of your liability, you can likely negotiate a payment that's substantially less than the original medical debt.

And, if the liabilities are called into question, so are those who funded the liabilities, because they are less certain of receiving the cash flows that they expected.

As long as due is less than $ 1000 or whatever your tax liability was the year before - you won't have penalties (the $ 1000 delta refers to withholding only, if you paid through estimates and have tax due - you may get hit by penalties even if you owe less than $ 1000).

If your prior year Adjusted Gross Income was $ 150,000 or less, then you can avoid a penalty if you pay either 90 percent of this year's income tax liability or 100 percent of your income tax liability from last year (dividing what you paid last year into four quarterly paymentsIf your prior year Adjusted Gross Income was $ 150,000 or less, then you can avoid a penalty if you pay either 90 percent of this year's income tax liability or 100 percent of your income tax liability from last year (dividing what you paid last year into four quarterly paymentsif you pay either 90 percent of this year's income tax liability or 100 percent of your income tax liability from last year (dividing what you paid last year into four quarterly payments).

Under the Sand Court's theory of group liability, each of the group funds would be subject to the Section 16 reporting requirements if the group collectively owned 10 % or more of the security, even if an individual group fund owned less than 10 %, and each group fund could also be directly liable for any Section 16 violations.

If they allow you to pay less than your entire tax liability, they may be forced to make the same deal with everyone else.

With multiple units, it may be that he gets a small discount if he requires that tenants have liability insurance, or it may be because your negligence is less likely to result in a suit against him if you have liability insurance.

Renters insurance in South Carolina is quite inexpensive, often less than in other states, and if you need to increase the personal property coverage or the liability coverage you'll find it generally adds only a few dollars a year.

As of the time of this writing, if your payroll - tax liability for the entire quarter is $ 2,500 or less, you may mail the IRS a check along with your payroll - tax reporting form.

If your annual tax liability is less than $ 50,000, you must deposit your federal payroll taxes on the fifteenth day of the month following the month when the taxes were incurred.

Of course if the entire $ 35 million in DIP financing is used up on working capital and bankruptcy expenses, this leaves HAWK shares worth about $ 4.75, less, of course any liabilities from the Pride lawsuit.

'' if other income excluding this short - term capital gains is less than basic exemption limit, you will be entitled to take the benefit of such shortfall in the basic exemption limit while calculating your tax liability.

If you wait more than two but less 60 days to report a lost or stolen debit card, your liability is $ 500.

Dear Virendra ji, «If other income excluding this short - term capital gains is less than basic exemption limit, you will be entitled to take the benefit of such shortfall in the basic exemption limit while calculating your tax liability.

Generally, holding an ETF in a taxable account will generate less tax liabilities than if you held a similarly structured mutual fund in the same account.

If juniors wanted to create value, they would waste less money on promotion, be properly capitalized in the first place, and reduce overhead (e.g. six figure salaries for the part - time officers who work at a number of other juniors, liability insurance because juniors always do sketchy things, do rights offerings instead of paying underwriters, etc.).

The number of shares issued at closing will be subject to adjustment if VaxGen's net cash, as of a date shortly before the closing, as agreed by both parties, less certain expenses and liabilities, is greater or less than approximately $ 33.2 million.

If there are multiple generations of normalcy in the breadth of the pedigree, then you can have some confidence that there are less liability genes being carried.

Liability would be less likely if the service were a legitimate file - storing system that typically was used legitimately.

You won't have to pay it at all if your tax liability is less than $ 1,000.

A U.S. court would allow a lawsuit to go forward in its courts if one of two main exceptions apply (there are other exceptions which are controversial and much less common and inapplicable on the facts of this question): (1) there is a breach of contract duly authorized by the national government, or (2) the liability arises from the non-governmental «commercial activities» of a governmental entity owned by the national government but not truly a part of it.

To determine liability in personal injury cases, Idaho uses a standard called modified comparative negligence, which only allows injury victims to recover damages if they're found to hold less than half of the responsibility for their harm.

If the at - fault driver and vehicle are underinsured (the liability limits are less than the value of the injury victim's total damages), the lawyers at Lee Law Offices will look for other sources of recovery, including the at - fault driver's personal assets and the injury victim's own insurance coverage.

If the Foundation is successful, would large firms then face liability for failing to advise smaller clients of less expensive options?

In fact, you can face less civil liability if you stand by and do nothing.

Worker's compensation is generally less than what an employee may receive if construction accident liability claims were successfully resolved.

Until then, it was said, the liability of NIG was wholly contingent since even if failure of a claim with less than a 50 % prospect of success was likely, there was still a chance that it might succeed.

We on the govt side asked them if we could then set a kind of negligence standard for defamation — if the defamer had met the usual ethical standards for journalists, then there would be no or less liability.

If you want the minimum coverage required by your state, your quote will be less expensive than it would be if you wanted higher limits of liability with added comprehensive and collision coveragIf you want the minimum coverage required by your state, your quote will be less expensive than it would be if you wanted higher limits of liability with added comprehensive and collision coveragif you wanted higher limits of liability with added comprehensive and collision coverage.

This coverage also applies if you are injured by a motorist with liability limits less than the amount of the damages you are entitled to recover.

The smarter thing to do is to spend less time and effort on breaking up your investments, and instead focus on claiming the amount back as refund if the deduction exceeds your tax liability.

If your health insurance is solid, you may need lesser PIP coverage... but if it's not, personal injury liability becomes a prioritIf your health insurance is solid, you may need lesser PIP coverage... but if it's not, personal injury liability becomes a prioritif it's not, personal injury liability becomes a priority.

You are considered less of a liability to mortgage companies if you have 20 % equity in your home.

Uninsured / underinsured motorist coverage covers bodily injury to you, your relatives who live with you and your passengers if they are injured in an accident caused by an uninsured motorist, a motorist whose bodily injury liability limits are less than your uninsured / underinsured motorist limits or a hit - and - run driver.

Market value of investment held by the fund plus value of current assets less value of current liabilities and provisions, if any, divided by number of units existing on Valuation Date.

That is, if the amount withdrawn is less than Rs 30,000 or your tax liability is nil even after adding the withdrawn sum to income.

As illustrated in the chart above, if your vehicle is less than the amount of cash you have in the bank then buy liability insurance or minimum coverage.

Renters insurance in South Carolina is quite inexpensive, often less than in other states, and if you need to increase the personal property coverage or the liability coverage you'll find it generally adds only a few dollars a year.