Sentences with phrase «major change to the tax code»

The defections stem from two major changes to the tax code, meant to help offset the cost of a massive tax break for corporations.

Absent any other retirement income, i.e. no pension, and absent an incredibly major change to our tax code, I know your starting rate, zero.

The introduction of the Tax Cuts and Jobs Act at the end of last year represents major changes to the tax code, but its impact won't be felt on your tax return until next year.

Not exact matches

«When it comes to the corporate tax code, there are two major changes that will stimulate investment and lead to greater economic growth,» says Scott Hodge, president of the Washington, D.C. - based research group the Tax Foundation, in a statemetax code, there are two major changes that will stimulate investment and lead to greater economic growth,» says Scott Hodge, president of the Washington, D.C. - based research group the Tax Foundation, in a statemeTax Foundation, in a statement.

Major changes included in the recent tax overhaul in Washington will have a significant impact on the state's own tax code, but the specifics are something Cuomo administration officials and the Legislature are still trying to figure out.

He also will propose a major retooling of the state tax code to deal with the federal tax changes and seek increased reserves in anticipation of further cuts from the feds.

Barbara Bartoletti, with the League of Women Voters, observed the December 7th special session, where lawmakers voted on major changes to the state's tax code, as well as an infrastructure jobs program.

As policymakers begin work on a major overhaul to the federal tax code, which could include eliminating or changing the deduction, and amid widespread concern about rising student debt levels, leaders should bear in mind that altering the provision would have implications for higher education and tax policy across levels of government.

This tax reform act was the first major change to the United States tax code since 1986.

The major change to the 1031 code is the removal of tax deferral treatment for tangible and intangible personal property, including assets such as collectible cars, aircraft, gold and silver bullion, equipment, cars and trucks, franchise fees and licenses.