Sentences with phrase «of sales tax receipts»

Auerbach also expressed concern about the renewal of a «timeliness clause» in the proposed agreement which requires the county to turn over respective shares of sales tax receipts to the city and towns within a week to 10 days of receipt from the state.

The statement reads: «Following 2017, the county will begin receiving sales tax growth from the City of Kingston's portion of sales tax receipts to help offset critical county expenses.

«Given the unique structure of the bonds, the State will realize the savings it is due over the next three state fiscal years through the adjustment of sales tax receipts otherwise payable to New York City,» reads the language in the governor's budget proposal unveiled last week.

Not exact matches

A new report says state tax revenues increased in the final three months of last year as the improving economy boosted income and sales taxes receipts.

The U.S. can borrow until Aug. 2 after reaching the US$ 14.29 - trillion limit because of «stronger - than - expected tax receipts» and «extraordinary measures» such as suspending the sale of bonds for state infrastructure projects, Geithner said in a letter to congressional leaders.

Untaxed land value is paid to banks, which in turn lend their mortgage receipts out to bid up property prices all the more — while obliging the government to tax labor and sales, raising the cost of labor and the price of goods and services.

If you saved your receipts throughout the year, you can add up the total amount of sales taxes you actually paid and claim that amount.

Nixon's campaign said her true income was about $ 1 million in 2017, noting that the overall figure of $ 1.5 million does not reflect some expenses incurred by Nixon's corporation, while it does include receipts from the sales of securities which are not classified as income for tax purposes.

Unlike under the current basis for tax credits, if someone has, say, expenditure on stock of # 5,000 in January and cash receipts from sales of # 5,000 in February, they will only get universal credit for one of those months, despite having no income overall.

Out of office Heseltine called for money, including the receipts from council house sales, to be spent on infrastructure investment instead of tax cuts.

A recent report by the Association of Counties suggests the shortfall in Ulster County sales tax receipts might not be entirely Cahill's fault.

The association reported that 27 counties (including Ulster) reported diminished sales tax receipts for the last quarter of 2013, though none as precipitous as Ulster's.

One of the arguments made by state officials in favor of same - sex marriage — including Comptroller Tom DiNapoli and the Independent Democratic Conference — is that rites for gay couples would lead to larger sales tax receipts for state and local governments.

That's when they hope to have the revenue figures from the state's latest quarterly income tax receipts and some of the holiday sales tax receipts.

Santino said the town increased building permit and town fees revenue to $ 102 million, grew mortgage recording receipts to $ 22.3 million and gained nearly $ 38 million in sales tax, totaling a positive revenue gain of more than $ 12 million.

Auerbach also expressed concern about the renewal of a «timeliness clause» in the proposed agreement which requires the county to turn over respective shares of sales - tax receipts to the city and towns within a week to ten days of receipt from the state.

In 2014 - 15, sales - tax revenues accounted for 33 percent of all revenues taken in by Ulster County while the 2017 budget anticipates that 34 percent of all revenues will be derived from sales tax receipts.

Of some note is the division of sales - tax receipts between the two municipalitieOf some note is the division of sales - tax receipts between the two municipalitieof sales - tax receipts between the two municipalities.

But they say they could use more help in «identifying any significant state, regional or industry specific economic trends that may impact sales tax receipts for the remainder of 2015 and through 2016».

But they said they'd like to know for sure, and that they could use more help in «identifying any significant state, regional or industry specific economic trends that may impact sales tax receipts for the remainder of 2015 and through 2016.»

At stake is the division of some $ 109 million in annual receipts from Ulster County's 4 percent sales tax.

It isn't a disaster now, because the cost of upkeep + «lost» sales tax receipts doesn't add up to anything even close to the subsidies that would have gone to the developers.

Sales tax receipts were down across the state by 2.3 percent in the fourth quarter of 2015, compared to 2014.

Comptroller Timpano said «We are encouraged by this trend in the sales tax receipts we must remain diligent in monitoring spending and continue to be a steward of the taxpayers monies.»

The city estimated only modest increases in tax revenue, because of lower revenue from income taxes and real estate sales taxes, offset by a rise in property tax receipts.

Try a whopping 58.9 percent of the county's operating budget for 2016 is based on sales tax receipts.

Miscellaneous tax changes reported to be part of the package include several priorities of the business community, including: a favorable change in how the securities industry allocates its receipts for tax purposes, from the address of the firm to the address of the customer; an updating of a sales tax exemption for capital purchases by the telecommunications industry; a reduction in the ton - mileage tax; a rate reduction for small businesses; and creation of an investment tax credit for the securities arms of insurance companies.

Mr. Bellone, in his narrative in the budget document, blames the county government's financial problems on lower sales tax receipts because of lower gasoline prices.

While North Country sales tax collection receipts are robust — the first half of the year's growth of 4.5 percent surpassed the statewide average of 3.3 percent — the state's most recent monthly cash report revealed tax revenues are $ 387 million below projections.

Rockland County will subtract the cost of the animal care from the Village of Spring Valley's sales tax receipts.

Thus school district funding is tied to the sources of state general funds — typically receipts from sales taxes and income taxes.

Local revenues, like property and sales tax receipts, were factored in to the numerator of this formula.

Also note that the instructions for Schedule A state that you should keep your actual receipts showing general sales taxes paid to take the 5b deduction — I take that to mean you should keep your receipts of paid use taxes as well.

Accelerated Cost Recovery System (ACRS) Acceptance, Waiver, and Consent Procedure Account Guarantee Acknowledgment Accredited investor Accretion Accumulation period Accumulation units Acid test ratio ACRS Actively traded securities Additional bond test Additional takedown Adjustment bonds ADR Ad valorem taxes Advance / decline ratio Advertising Adviser's client account Affiliated Persons Affirmative defense Affirmative determination Agency sales ticket Agency transaction Agent Aggregate indebtedness Agreement among underwriters Agreement of limited partnership Aggregate exercise price Alpha All - or - none All - or - none underwriting Alternative minimum tax Alternative orders Alternative trading system American Depository Receipt American Stock Exchange (AMEX) American - style options AMTI Amortization Annual report Annuity Annuity units Anti-dilution clause AON Arbitrage Arbitration Asked price Asset Asset allocation Asset class Assignment Assistant Representative - Order Processing Associated persons ATS At - the - close order At - the - money At - the - opening order At - risk rule Auction market Auditor's report Automated Confirmation Transaction (ACT)

The IRS allows you to either (1) use your actual sales taxes (as documented by keeping receipts) OR (2) use a table based approach where you lookup a spending amount by income level, and then apply your state / local rate to get an imputed amount of sales tax to deduct.

If you are highly organized and keep track of your sales receipts, you can enter your actual state and local general sales tax expenses onto Schedule A.

Do a line - item review of receipts and bank and credit card statements for deductible expenses or even the sales - tax deduction, if there are enough big - ticket purchases, says Walt Hatter, a certified public account and founder of Hatter & Associates in Fort Worth, Texas.

Wells Fargo's disclosure reads: «Any tax liability, including applicable state sales tax and state and federal disclosures, connected with the receipt or use of a reward is your or the reward recipient's responsibility.»

«no city, town, county, township or other subdivision or municipal corporation of the state may levy or collect any excise tax upon or measured by the sale, receipt, distribution, or use of fuel.»

He has an extensive knowledge of sales and use taxes, income taxes and property taxes; he also handles cases involving utility taxes, employment taxes, transfer taxes and gross receipts taxes.

John A. Biek, co-chair of Neal Gerber Eisenberg's Taxation practice group, represents large publicly traded and privately held businesses in controversies, transactional matters and tax planning involving multi-state corporate income / franchise taxes, gross receipts taxes, sales and use taxes, and other business privilege taxes.

Ted counsels clients on a wide range of state and local tax issues involving income and franchise taxes, sales and use taxes, gross receipts taxes and telecommunication taxes.

Global tax compliance and reporting software leader Sovos announced that it has acquired Chile - based Paperless to expand its real - time government reporting capabilities with electronic receipts and consumer point - of - sale tax reporting.

In most term insurance sales claims result about 1 % of the time thus policyholders end up with a fistful of receipts Most insureds should own some whole life insurance to make sure their is an income tax free death benefit paid at death It is my belief that most insureds should own at least $ 100,000 of Whole life in addition to a large amount of term to cancel out temporary insurance needs.

Using the free Square Point of Sale app, you can collect customer feedback and send digital receipts, calculate taxes and discounts, accept tips, create sales reports and employee logins, manage inventory, store customer cards, and track sales across payment types (magstrip cards, chip cards, NFC, cash, checks, and gift cards).

Performed all aspects of Full Charge Bookkeeper including; payroll and payroll taxes, sales tax, A / R & A / P, job costing, cash receipts and disbursements, and bank reconciliations.

The Structured Sale receives the sale proceeds and may defer the payment of your capital gain taxes (but not depreciation recapture taxes) by preventing your receipt of the sale proceeds until a future date when the periodic principal payments are received by Sale receives the sale proceeds and may defer the payment of your capital gain taxes (but not depreciation recapture taxes) by preventing your receipt of the sale proceeds until a future date when the periodic principal payments are received by sale proceeds and may defer the payment of your capital gain taxes (but not depreciation recapture taxes) by preventing your receipt of the sale proceeds until a future date when the periodic principal payments are received by sale proceeds until a future date when the periodic principal payments are received by you.

Being in constructive receipt of exchange funds or property may result in the disallowance of the tax - deferred, like - kind exchange transaction thereby creating a taxable sale.