Sentences with phrase «of federal tax»

Separately, scores of old Section 1031 investment programs — designed to defer taxes pursuant to Section 1031 of the federal tax law — are coming full cycle in the next three to five years.

@Jeff L., The 1031 exchange that @Clayton Plank refers to is a part of the federal tax code.

They could form a regular C corporation, enjoy liability protection, but face two layers of federal tax at the corporate and individual level.

Last 2 years of Federal tax returns, ALL SCHEDULES (if self - employed or receive any rental or commission income)

The Senate version would get rid of the federal tax exemption for all state and local states, INCLUDING property taxes.

It is important to remember that the IRS does not issue a release of a federal tax lien.

For millions of moderate - income home buyers, there's an important money - saving question looming in 2017: Will Congress reinstate deductions for mortgage insurance premiums as part of its overhaul of the federal tax code?

It's the last day that first - time home buyers can close to take advantage of the federal tax credit.

New estimates of the budget size of federal tax expenditures have been published.

States who may have felt burdened by aspects of the federal tax reform may also look to implement changes to their state tax codes.

As a result of federal tax reform, IBERIABANK announced raises and bonuses for nearly 80 percent of its associates.

Changes being considered include the elimination of the federal tax deduction for state and local taxes, a proposal to double the standard deduction — which would effectively nullify the value of the mortgage interest deduction for all but the highest - earning families — and a cap on the amount of mortgage interest that could be deducted.

The first thing the Senate Finance Committee will do once in session is consider the impact of the federal tax overhaul on Vermont, Lyons said.

The possibility that Congress will succeed in a comprehensive reform of the federal tax code has lessened the value of the federal LIHTC, the most important tool to finance new affordable housing development and recapitalize older affordable housing properties.

In finding for the IRS, the Tax Court focused on the requirements under Section 274 (d) of the federal tax code.

According to the Tax Policy Center's Briefing Book - «A citizen's guide to the fascinating (though often complex) elements of the federal Tax System» — there are several tax advantages to homeownership.

Federal law permits the interception of federal tax refunds for the payment of past - due child support.

Skills: Customer Service, Accounting, Communication, Writing, Partnering, Tax Law with emphasis on Bankruptcy Law (Chapter, 7,11, 13 and 15), Notice of Federal Tax Lien Law (Certificate of Non Attachments, Subordination's, Subrogations and Discharges).

We can help you with IRS & NY Tax Audits, Offers in Compromise, Installment Payment Plans, FBAR Reporting, OVDP (Offshore Voluntary Disclosure Program), Notice of Intent to Levy, Notice of Federal Tax Lien, Sales Tax Audits and Payroll Tax Audits.

Leveraged knowledge of federal tax code to win IRS abatements that averted tax penalties of $ 11,500 and $ 7,000 for two farm operations.

While the full impact of the federal tax reform remains to be seen, there are a few policies that definitely impact virtual currency investors.

It is worth noting that the provisions of the federal tax law enable an individual to leave an unlimited amount of assets to the surviving spouse.

Exchanging one contract for another is known as a 1035 exchange (named after Section 1035 of the federal tax code).

For an overview on the SALT consequences of federal tax reform, see: «Waiting for the Other Shoe to Drop: State and Local Tax Implications of Federal Tax Reform — International Tax Provisions.»

Oh So GILTI — Update on State Tax Implications of Federal Tax Reform Speakers: Robb Chase and Maria Todorova

In addition, we serve the needs of taxpayers in highly specific areas of federal tax law, including insurance and other financial services, exempt organizations, employee benefits and executive compensation, and estate planning.

Keen observers following the development of Federal tax laws in the UAE will have noticed the recent publication of the Federal Tax Procedures (FTP) Law which was announced in the press on 1 August.

Ironically, a lump of our federal tax dollars are meant to be distributed to promote pedestrian safety on our streets.

«Although the installation costs for renewable technologies have fallen rapidly, the availability of federal tax incentives has been critical to getting these technologies off the ground,» said Patrick Luckow, the lead author of the report.

And the combination of the federal tax deduction and a robust state tax deduction in California gave birth to the modern wind power industry.

Increases in renewable generation have been driven by the availability of Federal tax incentives, as well as by State RPS policies.

Moreover, the expiration of federal tax credits, and the possible imposition of new fees by utility companies, threaten to drive the rooftop solar industry out of business entirely.

In some places, wind power is as cheap as electricity from gas, largely because of a federal tax credit, Jenkins said.

With prices falling and an extension of the federal tax credit, Consumer Reports explores why now is a good time to consider solar and why homeowners should use EnergySage when they do start shopping for solar.

So far, the high cost of domestic offshore wind projects has made them economically unattractive, despite the availability of federal tax incentives and state policies to promote use of renewable energy.

The planned «wind farms» would not be built if a large share of the cost were not being shifted to (and hidden in bills paid by) taxpayers and electric customers as a result of federal tax shelters and the Texas «Renewable Portfolio Standard.»

The planned «wind farms» would not be built if a large share of the cost was not being shifted to (and hidden in bills paid by) taxpayers and electric customers as a result of federal tax shelters and the Texas «Renewable Portfolio Standard»

The report attributes the U.S. success to a long - term extension of federal tax credits for renewables, which it suggests has «improved the economics of onshore wind and solar... and has been the key driver in their expansion.»

After deducting other incentives 30 % of the remaining cost can be taken off of your federal tax liability.

Renewable energy production is growing but the durability of federal tax incentives remains a persistent uncertainty.

«Energy storage resources paired with solar generation,» Tesla's attorney chirps, «can take advantage of federal tax credits...»

Without diving too deep into the nuances of the federal tax code, the short answer is no.

In many cases, you can provide a social security number instead of a federal tax ID (EIN) on your small business credit card application.

With careful planning, donors may be able to take advantage of federal tax benefits that include avoiding capital gains taxes on certain appreciated property and reducing income and estate taxes.

This is not to be construed as a final determination of your federal tax liability; a tax professional should be consulted.

Your Florida 529 Savings Plan can be used to pay for any Qualified Higher Education Expense as defined in Section 529 of the federal tax code.

In doing a trial run of our federal tax return, we get a bigger refund filing «Married — Filing Jointly».

Those who do not earn enough to be in the upper tier of Federal tax brackets should shop elsewhere — post-tax returns will be much higher on a risk - to - reward basis.

A number of federal tax credits, however, exist to help taxpayers — primarily those in middle - income and low - income households — retain more of their earnings.

Municipal bonds are generally free of federal tax because the interest from bonds issued by a state, municipality, or other local entity is exempt from federal taxation.