Sentences with phrase «means no income means»

No work means no income means no paying off that expensive education.

Not exact matches

What this rule means is that up to $ 6,300 in income is free money for the child and your business if you pay them up to this amount.

Salman Khan of the Khan Academy runs through a hypothetical income statement and identifies what each number means.

Under the new accounting rules, that meant Google had to mark up its stake in Uber, likely by a considerable amount, and report the unrealized gain as income.

For Cartwright, freelancing meant initially earning about half of what she made in her full - time job, but within six months, she had replaced her full - time income.

The Trump administration's moves on Obamacare last week — including the decision to stop paying subsidies meant to lower low - income enrollees» out - of - pocket medical costs to insurance companies — have dominated health care headlines.

Possible reforms could include raising the full retirement age for Social Security to 70 for workers who are currently under age 40; cutting benefits; increasing payroll taxes on workers; increasing Medicare premiums; and making Social Security benefits more progressive — meaning cutting benefits for high - income workers, while preserving payouts for low - income earners.

High - income Wall Street financiers could be unintended winners from a section of U.S. President Trump's tax - cut plan that is meant to help mostly small, «mom - and - pop» businesses.

«To have a high per - capita income and low income inequality is worth noting, because it means that a broad section of the population has the ability to put money towards their retirement,» he explains.

A 60 per cent replacement rate means that someone who earned $ 40,000 on average while working would receive $ 24,000 in retirement income from public sources.

This doesn't mean that the team has to change its name, but it surely helps to devalue the brand and promises to reduce income from merchandising.

This doesn't mean you shouldn't get involved, but you should be discouraged from being reliant on this income.

Putting all three public pensions together is important because, as I mentioned, higher CPP income can mean lower benefits from the income - tested Guaranteed Income Supplincome can mean lower benefits from the income - tested Guaranteed Income Supplincome - tested Guaranteed Income SupplIncome Supplement.

The difference is that in an S corp, owners pay themselves salaries plus receive dividends from any additional profits the corporation may earn, while an LLC is a «pass - through entity,» which means that all the income and expenses from the business get reported on the LLC operator's personal income tax return, says Ebong Eka, a CPA who also pens his own blog about the world of entrepreneurship at MoneyMentoringMinutes.com.

But I'm disturbed by the glee with which so many people celebrated the fact that he lost his job — his source of income, his means of supporting his family — as a result of his drunken bad behaviour.

By that, I mean people with two good jobs, who are often educated professionals, who earn significant household income — and yet are filing insolvencies.

However, as I wrote in «5 reasons why the housing market won't crash,» the Bank of Canada will only allow its rates to climb as long as the economy is growing vigorously — which, in turn, means that employment and income levels are trending upward.

At the very least, the income is a safety net; it also means more money to invest in the mission.

However, the Bank of Canada will likely only allow its rates to climb as long as the economy is growing vigorously — which, in turn, means that employment and income levels are trending upward.

Those royalty fees are shielded from tax, and mean the company can wipe out its taxable income.

Self - acceptance also means accepting your income and success level as they are, she says.

Studies suggest that even one more year of school means a 10 percent to 20 percent boost in income.

But living in a state with no income tax doesn't necessarily mean you're getting off scot - free.

Likewise, recessions or just lower growth mean lower revenue because our tax system depends mostly on income.

If success means building a small business, that you can run from home, that generates enough income for you and the family to have a holiday once a year, that is fantastic.

In response to allegations that the company did not sufficiently vet incomes for mortgage borrowers, SoFi wrote, «This is an incredibly vague claim, and we have no idea what this means.»

That means that as gross domestic product (GDP) has expanded, the gains have flowed to corporate and owners» profits and to the state, which is delighted to collect higher taxes at every level of government, from property taxes to income taxes.

Less income for people and businesses means less tax revenue for the government.

That doesn't mean couples don't split during recessions, but rather that in hard times they postpone the legal formalities until a time when they anticipate higher income.

Even if these families had the means, suing wouldn't be worth the legal fees because state legislators passed a law barring citizens from winning compensation for damages related to health, quality of life, enjoyment of property, or lost income caused by factory farms.

As it turns out, people with higher income levels are more likely than those of modest means to opt for HSA - qualified health plans, because they are less concerned by the potential out - of - pocket medical costs and more interested in the tax savings, according to Fronstin at EBRI.

However, they hedge their bets ever so slightly, whether that means cultivating their networks and looking for additional opportunities, even when things seem to be going great — or even launching a full - blown side business or second (or third) source of income.

The limits of tax cuts as a way of stimulating the economy are also obvious; as I reported in Why Growth May Still Leave 95 % of Americans Behind, rising income disparity means that tax cuts benefit the top 5 % and make relatively little difference to the bottom 95 %.

A net operating loss means tax deductions are greater than the taxable income, which usually happens when business expenses have exceeded earnings.

The cost savings involved means that not only can automation make you more productive, it can help you preserve more incoming revenue during those crucial early months.

The other 41 states have either a flat income tax — meaning everyone, regardless of how much they earn, pays the same percentage of their income to the government — or a progressive income tax, which means your tax rate is determined by your income.

The former means transferring income from a high - tax - bracket person in your household to one in a lower bracket.

Many taxpayers are cash - basis taxpayers, which means that they get to deduct expenses when the expense is paid, and they have to declare income when payment is received.

That means you pay the long - term capital rate (typically 20 %) if you sold it after a year, or the ordinary income rate if you sold it before then.

We like what a lot of that means for fixed income and higher - yielding fixed income.

Likewise, receiving it as compensation or by other means will be ordinary income.

A special needs trust lets parents, other family members and other interested parties contribute funds for the benefit of a disabled person, while also enabling him or her to still receive means - tested benefits such as Medicaid and Security Supplemental Income (SSI).

By that, I mean real estate — both debt and equity — but also everything ranging from agricultural investment, infrastructure debt, and other real assets that are generating both income and capital gains.

That means if you earned $ 100, you'd report $ 118 as dividend income and be charged 72 % on those earnings (the new Dividend Tax Credit rate for non-eligible dividends), rather than the 67 %.

In terms of debt, Maryland residents have $ 67,020 in per - capita debt, meaning their debt - to - income ratio is 1.84.»

That doesn't mean you should liquidate your fixed - income portfolio.

The current top conservative health plan, the Coburn - Burr - Hatch plan, which was proposed a few weeks ago, also offers means - tested tax credits to low - income Americans.

Student: A $ 2.2 - million annual investment in the budget means part - time students with higher family incomes will still be eligible for Canada Student Loans.

Economic growth has traditionally meant that everyone is better off, but in Canada the latest surge of growth simply concentrated income gains in the hands of a few, with the richest 1 % taking almost a third of all income growth between 1997 and 2007.

While indulging in that plan to escape being overwhelmed can sometimes mean completely checking out and detoxing from all things «incoming» and tech - related, it can also mean using those very same thoughts and tasks to escape in a different way — and still be using your mind.