Sentences with phrase «offset income lost»

Business Interruption coverage, which can offset income lost while you're shut down.

Not exact matches

It may be that losing some of the entertainment - related expense deductions will be offset by reduced tax rates in case of corporations and the new 20 percent qualified business income deduction for pass - through entities.

You'll need extra cash to pay for baby expenses or offset lost income from either you or your partner staying home.

Rep. Whit Betts, R - 78th District and the delegation's senior member, said he'd call for eliminating the state income tax on Social Security, and contended that doing away with public campaign financing would offset most or all of the lost revenue.

The key to an effective tax - loss harvesting strategy is to evaluate what you own and why you own it, identify investments that have lost value, and then consider the sale of some portion of those holdings to offset realized gains, expected future gains, or even income.

Even if one company happens to reduce or eliminate their payout to shareholders, a properly diversified investor should still receive more annual income as the increases from the rest of the portfolio offset what is lost.

Interest rates have been so low for so long that fixed income investments such as CDs and savings deposits lost money since the meager interest earned didn't offset inflation all of those years.

A number of robos offer tax loss harvesting services which offset your losing trades against winning ones to help reduce your taxable investment income.

In the extreme, if deductible household expenditures (e.g., property taxes, charitable giving, the deductible portion of advisory fees, etc.) continue while there's no income for the year, taxable income could even be negative, which means the partial Roth conversion would be tax - free just absorbing the otherwise - unusable deductions (which are permanently lost if not offset against negative income in the same tax year!).

For example, if the government provides an income tax deduction for using, or not using, some pollution related device, the cost of this in lost revenue short term might be offset or more than offset, by the savings in less damage to the environment, as well as savings in cost of other methods of controlling this same environmental hazard.

It adds that job losses would be minimal; the new carbon market would create new jobs; that the manufacturing sector will lose a few jobs; that household consumption will fall by only one percent at worst; that increases in energy costs would be modest; and that overall costs would be small enough to permit expansion of programs to offset the burden for low - income households.

NV Energy did not let MGM get away cheaply, however, slapping an $ 83m upfront exit fee on the group to offset lost income and to try to discourage other companies from following suit.

In projecting income, we consider the trends of the industry and compare the projected revenue to the actual revenue for the period of restoration and offset lost revenue by saved expenses.

Income replacement benefits are also available through your auto insurer to partially offset lost iIncome replacement benefits are also available through your auto insurer to partially offset lost incomeincome.

Medical expenses, funeral costs, and lost income can create an extremely unfavorable financial situation, but you are likely entitled to compensation to help offset these costs.

Depending on the health insurance benefit plan, payments may be made directly to the enrollee to offset out of pocket expenses or lost income, or it may be paid directly to the enrollee's health care provider.

Some say instead of paying Uncle Sam taxes, one should buy a money - losing property and use the losses to offset your taxable wage income.

Instead the company lost $ 6 million in revenues due to a growing number of small independent retailers that closed or didn't make lease payments, largely offsetting gains in rental income.