Sentences with phrase «liability dollar for dollar»

Credits reduce tax liability dollar for dollar for the amount of credit.

Not exact matches

If you're sued and you don't have excess liability insurance, you'll be responsible for any dollar amounts over what your home and car policies will pay.

«For more than six months, dollar - liability flows have outstripped dollar - asset flows but that is now reversing which is helping the dollar,» said Hans Redeker, head of global FX strategy at Morgan Stanley based in London.

A tax credit provides a dollar - for - dollar reduction of your income tax liability.

But there's more to it than that, because the size of the Fed's footprint is ultimately determined, not by the dollar - value of the Fed's assets, but by the real demand for its liabilities.

Just before the crisis, the demand for Fed liabilities consisted mainly of the public's demand for paper dollars, about $ 800 billion of which were outstanding.

But if the state issued a dollar - for - dollar state tax credit for charitable contributions made to, say, the state's general infrastructure fund, the first $ 6,000 donated, though reducing state tax liability by $ 6,000, does nothing to lower federal taxes owed because the taxpayer would still take the standard deduction.

«Strong equity gains domestically and a weaker Canadian dollar helped boost foreign holdings, but lower long - term bond yields will have increased most plan liabilities,» said Scott MacDonald, managing director, Pensions for RBC Investor & Treasury Services.

For example, a team receiving less than 40 % of spread dollars creates more liability for sportsbooks during the playoffs as opposed to the regular seasFor example, a team receiving less than 40 % of spread dollars creates more liability for sportsbooks during the playoffs as opposed to the regular seasfor sportsbooks during the playoffs as opposed to the regular season.

LIHC provides a dollar - for - dollar reduction in federal income tax liability for project owners who develop rental housing that serves low - income households with incomes up to 60 % of area median income.

Garcia, by contrast, has appeared shaky in explaining how he'd pay for millions of dollars in new spending that he says would even Chicago's socioeconomic playing field — let alone how he'd deal with the city's $ 20 billion in unfunded pension liabilities.

Perhaps the strangest example of huge Delaware LLC giving came last October, when a limited liability company identified in public records with a misspelled name and an incorrect address poured hundreds of thousands of dollars into a race for Clarkstown town supervisor in the Lower Hudson Valley.

«Because proposals to put hundreds of millions of dollars of State liabilities for CUNY and Medicaid on the City were averted, we can maintain vital programs and protect the City against future economic turmoil,» de Blasio said.

In a Nov. 15 letter to Speaker Paul Ryan, R - Wis., and Minority Leader Nancy Pelosi, D - Calif., a broad array of scientific and engineering societies called on House leaders to drop provisions in the tax bill (H.R. 1) that would eliminate tax credits, known as the Lifetime Learning Credit and the Hope Scholarship Credit, that alleviate the financial strain of higher education by providing a dollar - for - dollar reduction in the income tax liability of eligible students.

If any part of this limitation on liability is found to be invalid or unenforceable for any reason, then the total liability of the Endocrine Society and its licensors shall not exceed ten dollars ($ 10).

The sponsors of private plans must therefore contribute much more for every dollar of promised benefits than governments contribute to teacher pension plans that value liabilities using an 8 percent assumed return on portfolios heavily weighted with stocks, hedge funds, or private equity.

At stake in the fiercely contested campaign is control over a complex, underperforming school district whose ability to improve schools for nearly 665,000 students is compromised by declining enrollment, a $ 1.46 billion projected deficit, and billions of dollars in unfunded liabilities for retirees.

As of last June the unfunded liability for retiree health benefits was projected to about $ 27 billion dollars.

Here's how it works: Donors to these scholarship funds can offset their state tax liability by 70 to 100 cents for every dollar given.

States and districts with large unfunded liabilities are now scrambling to find the dollars to pay up, resulting in painful cuts in other areas, including salary reductions for current teachers.

C - Corporations, S - Corporations and insurance companies with an Arizona corporate income tax liability or insurance premium tax liability can redirect up to 100 % of that liability to a state approved School Tuition Organization and receive a dollar - for - dollar tax credit for their contribution.

Enacted in 1997 and the nation's longest running scholarship tax credit program, the Individual Scholarship Tax Credit Program provides all Arizona taxpayers the opportunity to contribute directly to a School Tuition Organization (STO) and receive a dollar - for - dollar tax credit against their Arizona state tax liability.

Deductions reduce your taxable income while credits typically are a dollar for dollar reduction in your total tax liability.

Democrats for Education Reform Illinois (DFER - IL) Calls for Comprehensive Education Funding and Pension Reform in Statement from the State Director Illinois pension liabilities are consuming vital state dollars and crowding out money for education...

Rising pension costs are a particular concern for school districts, whose dollars help prop up state retirement plans that often have substantial unfunded liabilities.

In addition, unionization of government employees has helped add many billions of dollars to the unfunded liabilities of public employees» pensions — a debt for which taxpayers will be held responsible.

The state credits this money towards your tax liability, dollar for dollar.

For a few dollars a month, you can have protection for personal property and liabiliFor a few dollars a month, you can have protection for personal property and liabilifor personal property and liability.

That umbrella would provide a million dollars or more of coverage for a loss where there is significant personal liability.

If tenant negligence or tenant liability comes into play, one individual could be personally held responsible for nearly two million dollars.

A tax credit is a dollar - for - dollar reduction of your tax liability.

Those thousands of dollars for which you're now responsible would be covered by your renters insurance liability coverage.

But you can insure your personal property and cover yourself against liability risk for just fifteen dollars a month.

You can add additional personal property and liability protection to your Crooked Hill Townhomes renters insurance for just a few dollars a month.

A few thousand dollars for personal property, perhaps a portion of the liability limit.

Or for about four dollars more a month, you can have a policy that covers your personal property, loss of use after a covered loss, liability, and medical payments to others.

If that's the case, selling half your holdings this year and half next year would still result in the same overall tax liability (assuming the value of the holdings don't change), and there isn't a lot of value in deferring a few thousand dollars in taxes for 12 months.

For just a few dollars a month, you can protect what's important to you against fire, theft, liability, and even weather risks.

For ten dollars a month, you can have up to $ 500,000 of liability protection.

«In our litigious society, you may want to have an extra layer of liability protection, because it's common for multimillion - dollar suits to be filed,» Worters says.

For fifteen or twenty dollars a month, renters insurance would take care of the damage under the liability coverage.

A standard policy, with $ 15,000 of personal property and $ 100,000 of liability runs around fifteen dollars a month, or $ 180 for the entire year.

Liability coverage will also pay for a defense against the claim, or the suit if it gets to that point, which saves you tens of thousands of dollars.

The renters insurance experts at Effective Coverage generally suggest increasing your liability limits as high as possible for that very reason — it's not unlikely that someone could sue you for several hundred thousand dollars.

Deductions are expenses that can be subtracted from gross income to reduce taxable income; credits reduce tax liability dollar - for - dollar and have a greater impact than deductions; exemptions occur where a tax for a certain item or type of income is reduced or eliminated.

For less than twenty dollars a month, you can protect your personal property, as well as get liability coverage in case your fire impacts someone else's life.

According to the Insurance Information Institute, «dog bites (and other dog - related injuries) accounted for more than one - third of all homeowners insurance liability claim dollars paid out in 2014, costing in excess of $ 530 million.»

The average person could spend thirty - five or forty dollars a month and have sufficient coverage for personal property, coverage for a half million in liability, several thousand dollars of jewelry coverage, and maybe a few extras for that.

The best part is that you can insure your liability and your belongings against many perils, including fires caused by neighbors lacking common sense, for just a few dollars a month.

The policy starts at $ 100,000 of liability, but can go up to $ 500,000 for just a few dollars a year difference.