Sentences with phrase «more taxes if»

Corporations are involuntary tax collectors, and would be collecting more taxes if a carbon tax is added to the list of taxes.

The increase of the standard deduction does offset this somewhat if you have only one or fewer personal exemptions, but you will pay more taxes if you have two or more personal exemptions.

You owe more taxes if the amount on line 63 is larger, and you'll need to pay the IRS the difference between the two amounts.

The prime minister pledged to cut more taxes if the Conservatives won a majority at the general election, and warned «Britain would pay a heavy price for a Labour government, and it would start with you and your pay packet».

My friends should not have to pay more taxes if misers like you and the other champions for the 1 % assumed a reasonable share of government costs.

If you are considering selling off investments, run the numbers to see whether you'd pay more tax if you sold them now, or if you put off the sale until next year.

Not exact matches

«If you can diversify the tax treatment of your assets over time it can benefit you so you have more tax flexibility when you hit retirement.»

The government did pledge to close some tax loopholes, which could have an affect on high net - worth investors, and it also stated that it wanted more competition in the banking sector — that could reduce financial - related fees, says Sewell — but it's not clear how or even if any of this will happen.

«The global growth story helps, but what I think would help a lot more would be actual, tangible evidence of some sort of tax relief if not outright tax reform.»

But, if you make more than $ 200,000 a year, you'll likely be hit with additional taxes to help cover the cost of expanding Medicare.

When asked if he wished he had backed a different horse, given that Clinton had pushed for higher taxes and more regulation, Blankfein said there was more to it than just those two factors.

He went on to say that if the Trump administration truly wants American manufacturing to compete effectively against foreign competitors, «it's got to come from more thoughtful regulation and a more competitive tax rate.»

If any of these state workarounds are successful, the overall impact will be to make an indefensibly unfair tax cut even more regressive.

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If real GDP were to increase at 10.3 % instead of 2.5 % in 2015, then the government should receive, at a minimum, an extra $ 6.6 billion in tax revenue thanks to economic growth (this calculation assumes that nominal GDP grows at the same proportion as real GDP; it is more likely that nominal GDP would rise even higher as such quick economic growth would be inflationary, pushing that $ 6.6 billion figure even higher).

«The fact is that if your employer 401 (k) match is low enough and your combined tax savings on HSA contributions is high enough, you'd amass more wealth by making HSA contributions first.»

«The fact is that if your employer 401 (k) match is low enough and your combined tax savings on HSA contributions is high enough, you'd amass more wealth by making HSA contributions first,» he said.

(Which by the way, may mean paying more taxes later if tax rates go up or you're making more money.)

«If he can reform the tax code, reduce regulation and negotiate better trade deals, the U.S. technology industry will be stronger and more competitive than ever.»

If they had, the number would likely have been far more modest than what politicians would claim, as a significant portion of the increase in payrolls would have happened even without the tax rebate.

Think small Few small U.S. companies currently enjoy the same tax breaks as big ones, so they'll benefit more if Congress approves corporate tax reform.

If Greece is ever to achieve fiscal sustainability — something European officials insist is both necessary and achievable — then more Greeks must be persuaded to pay their taxes.

But the Obamacare tax penalty is still currently in place — and you could face a financial hit that's actually more expensive than simply buying a plan if you lack coverage in 2018.

«If you were earning $ 135,000 or more, your federal tax rate on those earnings would rise from 19.6 % to 21.2 %,» Carson said.

Digital exchanges are not broker - regulated by the IRS, which makes matters more complicated for preparing tax documents if you traded cryptocurrency.

The IRS doesn't care if you sold bitcoin for cash or bought a muffin with it; if it was worth more than you paid for it, you owe tax.

If the taxman is still waiting on your income tax return, then you should ask for more time.

If your income was more than $ 150,000 in 2008, you earned more than 98 % of Canada's 25 million tax filers.

It's not just for tax day, but if you've got documents you need to ensure are destroyed, whether it's old tax forms or something more recent, the office supply stores are offering up to 5 pounds of free document shredding with this coupon.

If all states legalized cannabis sales, the reduced drug enforcement costs and higher tax revenues would be worth more than $ 17 billion to them, a 2010 Cato Institute study revealed.

The office also reported that 51 % of married couples paid less in taxes jointly than they would have if they were single, while 42 % paid more.»

Financial information that may include income tax returns, officer - certified financial statements, and audited financial statements if raising $ 500,000 or more.

Investors at the conference want to know if companies are planning more M&A in the wake of tax reform.

This way, if you enjoy the happy surprise of earning more money than you anticipated, you can up your contribution and reduce your tax bill accordingly.

More than likely if the DFS operators lose, it will mean that the state government will be able to collect taxes from the games.

The company holds $ 181.1 billion in offshore profits, more than any other U.S. company, and would owe an estimated $ 59.2 billion in taxes if it tried to bring the money back to the U.S., a recent study based on SEC filings showed.

Beyond those basics, you'll get approved more readily and with better terms if you give the banks precisely what they need to make a decision: tax returns and audited (if possible) financial statements (P&L, balance sheets and cash flow) for the year to date and the previous three years; monthly statements for the previous 12 months; a business plan explaining what you do, how you do it and why your company would be a good risk; a detailed projection showing how you will generate the funds to pay down the line; and a backup plan (collateral) to repay the bank if the projections don't pan out.

If you file a return and the IRS notifies you that more than one return has been filed using your personal information, contact your tax preparer and the IRS Identity Protection Specialized Unit at 800-908-4490.

As the rationale (or rationalization, if you ask me) of the tax bill was to support more hiring and capital investment to grow the economy, the GOP tax cut plan provided incentives to pass - throughs.

If you make more than $ 1 million, you will not be able to receive the lowest tax rate of 12 percent on the first $ 45,000 of your income.

Classical economist David Ricardo posited that if citizens observed their government issuing more bonds, they'd reduce spending in anticipation of higher subsequent taxes when those bonds had to be repaid.

This state of affairs would be more acceptable to locals if the tradeoff for high property taxes is low taxation in other areas.

Feroldi goes on to write that if you have «a 401 (k) or 403 (b) through work, then any money you contribute to the account can grow tax - deferred, allowing your money to compound more quickly.»

If you have more than $ 50,000 in an overseas account, you must report it on Form 8938 as part of your tax return.

This year, anticipating the new Administration's emphasis on energy efficiency — if not the $ 8 billion worth of weatherization grants as well as more generous tax credits in the stimulus bill — Serious has gone on a serious shopping spree.

These corporate fixed - income instruments pay a dividend that is taxed at a more favourable rate than regular bond interest, but you only benefit from this if they are held outside of a registered account.

Critics would make a lot more hay if they'd ask for real consistency in tax policy.

The mayor says it's unclear yet if the tax has increased rental accommodation, and better data collection methods are being developed for the city to monitor the impact of initiates like the tax more closely.

Allowing the corporate tax cuts to fade would save roughly the same, if not slightly more money, against the debt, analyses show.