Sentences with phrase «necessary business expenses»

Such payments may, however, be deductible as ordinary and necessary business expenses.

Dues may be deductible as ordinary and necessary business expenses.

In addition, necessary business expenses could be reimbursed for you through your company.

Restaurant meals and other entertainment costs may be written off as long as they are necessary business expenses.

However, they may be tax deductible as ordinary and necessary business expenses subject to restrictions imposed by the Omnibus Budget Reconciliation Act of 1993 as a result of association lobbying activities.

«We require these security measures for Oracle's benefit because of Mr. Ellison's importance to Oracle, and we believe these security costs are appropriate and necessary business expenses.»

The expenditures upon which we seek a report are those that Congress has said to not warrant a deduction as an ordinary and necessary business expense, namely, lobbying, participation in the political system by supporting or opposing candidates for office, and trying to influence the general public or segment thereof as to elections, legislative matters or referenda.

Also, if the fines are paid to a nongovernmental entity, the payment is tax deductible so long as it is an ordinary and necessary business expense.

Dues payments may, however, be deductible as an ordinary and necessary business expense except that portion used for lobbying activities which has been determined to be $ 50.00 of the National dues and $ 10.72 of the State dues.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Factors which could cause actual results to differ materially from these forward - looking statements include such factors as the Company's ability to accomplish its business initiatives, obtain regulatory approval and protect its intellectual property; significant fluctuations in marketing expenses and ability to achieve or grow revenue, or recognize net income, from the sale of its products and services, as well as the introduction of competing products, or management's ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and other information that may be detailed from time to time in the Company's filings with the United States Securities and Exchange Commission.

However, the owner of a business that made such a payment could try to argue that the settlement is an «ordinary and necessary» business expense and is deductible.

Necessary spending: These included rent, groceries, gas and parking, therapy, phone and internet, health insurance, and key business expenses like email hosting.

In probing the nature of the relationship, the IRS might examine the contractor's level of freedom, including setting his or her own hours, paying his or her own business expenses, and hiring support staff or assistants as necessary.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

Startup costs are virtually nonexistent, provided that you already have a sewing machine and the necessary skills (and even if you don't, these one - time expenses are still fairly low in the grand scheme of new business ventures).

Look through every one of your business expenses to make sure they're necessary.

Lack of adequate cash flow, i.e. earnings available to the owner after all business expenses necessary to operate the business, is the chief reason for business failure.

On a business level, if your pet generates income for you, you'll likely be able to fully deduct your «ordinary and necessary» pet expenses.

The IRS requires eligible business expenses be «ordinary» (something common and acceptable in that particular business) as well as «necessary» (something appropriate and helpful to the business).

You will need to factor in every business expense necessary to launch and operate.

To deduct business expenses against your self - employed income, the IRS requires that these expenses be considered «necessary and ordinary.»

A necessary expense is «one that is helpful and appropriate» for your business, while an ordinary expense is one commonly accepted in your industry.

The IRS states that if an expense is beneficial to the business, it fits the definition of necessary.

Start with your plain - vanilla legal expenses, including the cost of registering the business and getting the necessary local and state permits and licenses.

Some of the more thankless but necessary responsibilities of being a small business owner are the administrative side of operating a business: keeping track of expenses and receipts, and monitoring employee spending.

While it's by no means necessary or common for all indie authors to do this (and may not have any effect on sales), it does exhibit a level of professionalism and keeps your business income and expenses separate from your personal finances.

My question is, if the nature of the service is such that my personal usage fits into the free «tier», but I upgrade to paid to get more space / service / whatever for business purposes, can the entire cost of the paid tier be deducted as a business expense, on the theory that the entire choice to upgrade to paid service was only necessary for business use?

Many of our clients are business owners themselves, and once all expenses have been paid, and necessary funds have been retained for future growth, they typically pay a bonus or dividend to themselves.

A necessary expense is helpful and appropriate for your business.

Many of our clients are business owners themselves, and once all expenses have been paid, and necessary funds have -LSB-...]

You can deduct your ordinary and necessary business - related expenses under the 2 % rule on Form 1040, Schedule A. However, they must be ordinary and necessary.

The deductions must be for business expenses the Internal Revenue Service considers ordinary and necessary for your self - employment activities.

But the bank charges these fees so that it could have the income necessary to pay for its branches, pay its expenses, pay its employees, make a profit and deliver shareholder value, all while giving you more free services than any for - profit business ever will.

But obtaining outside financing is often necessary to start or grow a business or cover day - to - day expenses, including payroll and inventory.

If you are an employee and have ordinary and necessary business - related expenses for travel away from home, local transportation, entertainment, and gifts, you may be able to deduct these expenses.

More than I was spending back in late 2011, but a good chunk of that spending was directly related to business expenses necessary to support my high income.

Generally, the interest charges paid on a business line of credit are considered a deductible business expense as long as it is used to pay for necessary expenses in the running of your business.

To determine whether you can deduct an expense, ask yourself: Is this expense both ordinary and necessary to the business?

On the other hand, a necessary expense is one that is considered appropriate for the business.

Travel expenses include those for ordinary and necessary travel away from home for your business.

Advertisement costs is a necessary and ordinary expense for any business, but you need to look at the essence of the transaction.

The performance of these services is not enough to establish her presence on the trip was necessary to the conduct of Jerry's business and her expenses are not deductible.

The Spark Classic for Business is aimed at those who want to start earning rewards for their business expenses but who have not yet established the strong credit history necessary to qualify for more lucrative rewardBusiness is aimed at those who want to start earning rewards for their business expenses but who have not yet established the strong credit history necessary to qualify for more lucrative rewardbusiness expenses but who have not yet established the strong credit history necessary to qualify for more lucrative rewards cards.

For a small business, a quality small business credit card can provide the financing necessary to take care of the day - to - day business expenses that can't wait for pending purchases or outstanding invoices.

Energy bills are often thought of as a necessary expense for your home or business, with utility bill reductions only possible through pricey renovations.

When it comes to deducting business expenses from taxable income, the general rule is that the expense is deductible if it is ordinary and necessary in the regular course of business.

Aside from malpractice insurance and business registration costs, there are not many necessary expenses outside a computer and a place to use it.

For a travel expense to be deductible, it must be directly connected to the taxpayer's trade or business, as well as necessary and appropriate to the development and pursuit of the trade or business.

The IRS defines an eligible business expense as ordinary and necessary — essentially, something that's common in your particular area of business and needed to efficiently do business, such as a truck for a moving company.