Sentences with phrase «more tax during»

But most commonly, it occurs when you pay more tax during the year than you actually owe.

Financial expert Joe Anderson breaks down ways you can navigate around paying more taxes during your golden years.

Not exact matches

«We're not going to increase the cost of internet service; we're not going to impose more taxes on Quebecers, on taxpayers,» he said during a visit to a Montreal community organization to promote this week's federal budget.

The Democratic president, re-elected in November, unveiled a more combative approach during the end - of - year «fiscal cliff» taxes and spending drama, exploiting disarray in Republican ranks that underscored Washington's legislative dysfunction.

The Conservatives bought radio ads last year accusing NDP leader Thomas Mulcair, who backed cap and trade during his leadership bid, of a «carbon tax» plan that «would make everything you need cost more.»

State and federal unemployment taxes, but only if (1) they pay wages to employees totaling $ 1,500 or more in any quarter of a calendar year, or (2) they employed at least one person during any day of the week during any 20 weeks in a calendar year, regardless of whether or not the weeks were consecutive.

As of next January, for example, the IRS will require all businesses that paid more than $ 50,000 in payroll taxes during 1995 to convert to an electronic filing system.

During his 45 - minute outline of the bold initiative, in which he repeated the phrase «pass this jobs bill» more than a dozen times, Obama described reforms to create new construction projects, restore American schools, and cut the payroll tax in half.

But as of December 31, 1991, the IRS no longer settles for 100 % of last year's bill in cases in which taxpayers earn adjusted gross incomes of at least $ 75,000, paid quarterly estimated taxes during any of the three previous years, and earn $ 40,000 more than they did last year.

Even though this is more of a seasonal job, some tax preparers can earn around $ 30,000 in salary during the tax season, and some tax preparation experts make much, much more.

Even during the storied Apollo era, peak NASA spending amounted to little more than four cents on the tax dollar.»

Those considering current year charitable contributions who are also facing long - term capital gains tax on the sale of highly appreciated shares after an initial public offering may realize a much more favorable income tax result and charitable impact by making a timely donation of a portion of their IPO shares (either during or after the lock - up period) directly to charity.

According to Vanguard, there are more than double the number of contributions during this crunch before the tax deadline; investors who contribute last - minute will experience a «procrastination penalty» and miss out on compounding throughout the year.

The problem of tax evasion in Greece has been pointed out many times during the debt crisis: Christine Lagarde, the head of the IMF, got into hot water over the summer with her comments that she felt more sympathy with children in Africa than tax evaders in Greece.

I understand the risk of passing on the tax benefit now, but if we will need withdraw from investments during early retirement, would it not make sense to first withdraw from the Roth IRA contributions instead of requiring us to invest / withdraw more from taxable accounts?

Liberals counter that during a recession you need more consumption, not investment; and you can afford to give significant benefits to practically everybody just by jacking up the tax rate on the richest five percent.

In other words, over the next five years, this government is planning to spend more money on income splitting for a small number of well off families, a promise made during the 2011 election, than on supporting economic growth and job creation through new spending on research and infrastructure and lowering taxes on investment.

I don't have to reconcile my trades every year during tax time any more and no longer does an employer see every ticket.

The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any.

If you stayed the course during that time, things worked out pretty well, because you bought at the low point of the stock market, and you contributed more and can you imagine that tax lot that you invested in, in March 2009, where that is right now.

A 2014 study by Towson University's Regional Economic Studies Institute found hydraulic fracturing in that area of the state could generate more than 3,000 jobs and at least $ 5 million in tax revenue each year during peak drilling.

During his speech, he explained to the crowd that if the Liberals were elected on Oct. 19, that they would raise taxes by asking Canada's wealthiest income earners «to pay just a little bit more.»

If you take more than one allowance at the same job, you're going to have to pay more in taxes during tax season.

More often than not, many of the expenses small business owners pay, such as rent, travel and even membership fees can be written off during tax time to reduce self - employment taxes.

This is more than the $ 339 million that it brought in during the quarter, and even before this tax expense First Solar reported a -10 % operating margin, in part due to $ 20 million in ramping costs, and after the tax expense saw a loss of $ 432 million during Q4.

You can have more than one ISA but only contribute money to one of each kind during the same tax year.

It is hard to name any economic topic regarding taxes during the last thirty years that has been more thoroughly investigated than the tax issue brought up by John Fox.

During the first ten years of the system, the ratio of workers paying Social Security taxes to beneficiaries was more than 40 to 1.

During economic downturns, businesses tried to curb expansion and cut expenses by shutting down the older, more heavily taxed and less efficient central city plants.

During the last legislative session, more than half of the U.S. Congress supported lowering the federal excise tax for craft brewers.

Evidence was found suggesting tax officials in Britain and Spain had been misled by Mourinho's advisers during a probe into more than # 10 million apparently hidden in a tax haven, the newspaper wrote.

Silver, D - Manhattan, reiterated several times during a press scrum this afternoon that the surcharge on those who make $ 250,000 or more due to expire at the end of the year is a «tax reduction.»

«The Democrats must really be struggling when the two candidates for this seat are lawyer - lobbyist Andrew Falk, who took $ 770,000 from Sheldon Silver during his three failed campaigns, and Councilwoman Debbie Carter - Costello, who raised taxes twice and increased spending by more than twice that amount in her first five minutes on the job.

During an interview with Don Weeks on 810 WGY AM, the governor used some strong language to pan borrowing, calling it even more dangerous than tax increases, which seems to validate the Republicans» dire predictions that hikes may indeed be in the offing.

During a stop outside Buffalo this morning, Gov. David Paterson whipped out that trademark humor of his, saying more or less that he would only sign a budget that includes the Senate Democrats» plan to restore STAR property tax rebate checks under EXTREME duress.

During the economic downturn, people became more acutely aware of just how big their tax had become for all that government spending, and how much that hit family budgets.

Sinclair has worked on many other initiatives, and during the March 2016 State of the County address last year, she was excited about the many projects to come ranging from work on Emerson Park to more efficient tax collection methods.

• Property tax levies in New York grew by 73 percent from 1998 to 2008 - more than twice the rate of inflation during that period

Cuomo, who is under fire from progressive groups to keep a tax on those who make $ 250,000 or a more a year that's set to expire, said tax revenue collection has lower than expected during this fiscal year.

The Center on Budget and Policy Priorities has released a new paper, Budget Cuts vs. Tax Increases at the State Level: Is One More Counter-Productive than the Other During a Recession?

During the announcement, de Blasio emphasized his plan to tax those earning more than $ 500,000 annually to fund universal pre-kindergarten.

De Blasio, during a visit to Albany for an annual gathering of minority lawmakers, said he had not reviewed the details of the Assembly's plan but supported its goal of a more progressive tax system.

More school districts will be seeking to override the state's tax cap during Tuesday's school budget and board votes.

The new studio is expected to generate 1,311 permanent jobs and $ 4.3 million in state and city tax revenue during construction, plus $ 115 million more the seven years after opening.

During this year's negotiations over 421 - a renewal, the assemblyman introduced legislation that would have required recipients of the tax break to pay these contractors a prevailing wage, a proposal critics derided as unnecessary and counterproductive in an industry where workers are already paid substantially more than an average worker's salary.

During his budget presentation, Gov. Andrew Cuomo renewed his push for local governments to share more resources as part of a plan to freeze property taxes if counties stay within a two percent cap.

He said during the NPP era, where the country was under HIPC, corporate tax was 32 percent which was very high, but the NPP took a pragmatic step to rather reduce the taxes to 25 percent, to save the situation, thereby realizing more revenue for the country.

Even though the city has not increased the property tax rate during de Blasio's tenure, it keeps collecting more from the tax each year as assessments increase.

But this year, during his remarks, Cuomo was more focused on the tax plan and its negative effects on New York, saying it will be «devastating».

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