Sentences with phrase «more than a taxpayer»

The spending has become an issue in this year's election campaign, with Republicans including gubernatorial candidate Rob Astorino saying they are little more than a taxpayer - funded political boost for Cuomo, a Democrat who is campaigning in part on his work to revive the state economy, particularly upstate.
The question that arises over and over again is why Connecticut's elected and appointed public officials are engaged in their ongoing effort to undermine and privatize public education in Connecticut, denigrate teachers and turn our public schools into little more than taxpayer funded testing factories.
It is recognized as more than a taxpayer's national benefit (which was tried with Canadian free access to National Research Council journals earlier in the century).
ATG Notes: If a taxpayer participates in an activity for more than 100 hours and no other individual participates more than the taxpayer (including any employee or non-owner), income or losses from the activity are non-passive.

Not exact matches

And put that way, it seems a bit more daunting from a taxpayer's point of view, especially when there's very little governments can or need to do to fix Canada's affordable housing crisis — other than get out of the way.
Thus today, Ontario taxpayers in the highest bracket pay more of their marginal earnings to the government than they keep themselves.
Labour has said it will raise income taxes on people earning more than # 80,000 ($ 103,152) a year, promising no increases for the other 95 % of taxpayers.
Part of the problem, the study found, is that «existing tax rules effectively create a $ 19,399 reporting tax loophole impacting millions of taxpayers» because of the confusion surrounding the requirements for forms 1099 - K, which is supposed to be filed by companies when they earn more than $ 20,000 through 200 or more credit card transactions, and 1099 - MISC, which covers payments above $ 600 to independent contractors, freelancers and small businesses.
More than 35,000 employees who deal with taxpayers have been trained to recognize return fraud and to help the victim when it happens.
Millionaire earners were about 12 times more likely to face an audit than the average taxpayer, according to new data released by the agency.
Solyndra went bankrupt in 2011 owing more than $ 500 million to taxpayers from another Department of Energy loan program.
If you're one of the one million taxpayers who still have not filed their 2014 returns, you could be missing out on your portion of refunds totaling more than $ 1 billion.
Eventually, non-filers who owe taxes will be subject to additional penalties, notes Intuit, and in some cases even criminal prosecution: «Delinquent taxpayers who owe more than $ 25,000 will eventually receive a visit from an IRS representative to collect payment.»
Reforms may make upcoming tax seasons more stressful than usual for taxpayers.
Beginning with the auto bailout, which the administration now claims cost taxpayers $ 9.3 billion but saved more than a million jobs, Obama doubled down on his commitment to manufacturing, setting a goal of doubling American exports between 2009 and 2014.
An estimated 13.8 million taxpayers will be able to use the mortgage interest deduction in 2018, down from more than 32.3 million last year.
Clearly China has bought into the nascent industry theory: that by generating demand for a sunrise industry, a country or region can come to dominate it, more than justifying the cost to ratepayers and taxpayers.
Deduction downsides: By failing to claim all their credits or deductions, taxpayers end up owing more than they should or getting a lower refund.
But the policy issue boils down to this: CCPC owners can defer paying taxes on far more income, passively invested by their small businesses, than the upper limit of about $ 26,000 a year in RRSP contributions allowed for salary - earning taxpayers.
«All provincial governments end up with more busybody activities than their taxpayers are willing to finance.»
Little can strike more fear in the heart of taxpayers than the prospect of the IRS questioning their tax return.
«Since... 2011 we have created more than 512,000 private - sector jobs, implemented pro-business tax reform and saved millions of taxpayer dollars by maintaining Georgia's AAA bond rating.»
Admittedly, it takes a rather mundane $ 135,055 of individual annual income to make it into the top federal tax bracket in Canada, as opposed to more than US$ 400,000 in the U.S. Taxpayers who fall below that U.S. threshold are, generally speaking, better off south of the border.
RBS has been more than 70 percent taxpayer - owned ever since its government bailout following the 2008 crisis.
Tom Price had cost taxpayers more than $ 1 million between his use of private planes for domestic travel and military jets for recent trips to Africa, Europe, and Asia, Politico reported.
In short, more than 80 years ago, a U.S. president said that taxpayer - paid retirement benefits should go only to those who really need them.
His use of military jets for international travel, on which his wife, Betty, joined him, cost taxpayers more than $ 500,000, the outlet reported.
Separately, some Republican senators were questioning the repeal of a 40 percent inheritance tax levied on estates worth more than $ 5.5 million, or $ 11 million for married couples — a tax paid only by the wealthiest American taxpayers, or about 0.2 percent of Americans, according to the Center on Budget and Policy Priorities, a research and policy institute.
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.
The standout line being that Ontario's taxpayers had paid $ 8 billion more using alternative financing procurements than if the public sector could manage projects successfully by itself.
Single taxpayers earning more than $ 129,000 per year ($ 191,000 for married couples) are not eligible, and you can only contribute $ 5,500 per year ($ 6,500 if you're over age 50).
Enerkem CEO Vincent Chornay (CHOR» - nay) says the process is slightly more expensive to Edmonton taxpayers than landfilling garbage, but is more sustainable.
[1] But, with the 2001 and 2003 tax cuts in place, an estimated 23 million taxpayers will owe AMT in 2007, and reducing that figure to 2 - 3 million will cost $ 51 billion — more than three times as much.
That year, members of Congress received more constituent letters about the 155 taxpayers than about the Vietnam War.
Since almost all wage income is subject to withholding already, these taxpayers could more easily be shifted into a return - free system than the rest of the filing population.
Deductions and exclusions reduce tax liability more for higher - income taxpayers facing higher marginal income tax rates than for lower - income taxpayers in lower rate brackets.
A federal agency that insured more than half of all loans for first - time homebuyers last year may soon look to taxpayers to shore up its dwindling finances.
Why does this group of taxpayers deserve a tax cut more than all other Canadian taxpayer?
The Conservative proposals take up a large part of the surplus but puts money in taxpayer's pockets, some more than others.
Currently, more than eight million taxpayers are enrolled in the system.
True to form of 2006/07, program expenditures came in under budget, at $ 197.1 billion compared to $ 199.6 billion in the budget â $ «thereby preventing the Canadian Taxpayers Federation from issuing a press release decrying more than $ 200 billion in socialist waste.
Orange County was then the second most populated county in California, meaning that it is very likely that the vast majority of the 250 taxpayers who were delinquent to the State of California for more than $ 100,000 probably came from Orange County.
While the state of New York has invested more than $ 900 million of taxpayer funds to date into the project and its associated developments, SolarCity has spent just around $ 20 million in capital expenditures in Buffalo so far, according to multiple sources.
More than sixty - nine million taxpayers have already filed their returns for 2016 and more will do so by... Read More than sixty - nine million taxpayers have already filed their returns for 2016 and more will do so by... Read more will do so by... Read moremore
Given that taxpayers have a lot more capital gains tax in 2017 than originally expected, Bitcoin holders are finding themselves in need to sell more of their portfolio in order to pay those taxes.
A taxpayer will also typically itemize tax deductions if it offers them more benefits than the standard deduction (i.e., when the total amount of qualified deductible expenses is greater than the standard deduction).
They are collecting a much larger amount than SS — double, triple or more and they want safeguards from the taxpayer.
«That only 800 to 900 taxpayers reported gains related to bitcoin in each of the relevant years and that more than 14,000 Coinbase users have either bought, sold, sent or received at least $ 20,000 worth of bitcoin in a given year suggests that many Coinbase users may not be reporting their bitcoin gains,» wrote Judge Corley in the order.
Because the higher standard deduction will exceed the value of itemized deductions for many taxpayers, the Tax Policy Center estimates that more than 25 million families will stop itemizing in 2018 — that's more than half the number of people who have itemized in recent years.
This option would cost $ 174.9 billion over 10 years (figure 1) and would reduce the number of AMT taxpayers by more than 3.7 million (figure 2).
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