Sentences with phrase «old tax law»

Employees were eligible under old tax law to get up to $ 255 per month from their employers to subsidize parking costs or transit passes.

Under the old tax laws, companies were required to pay 35 % of foreign cash to Uncle Sam for the honor of bringing that cash home.

To prevent that tax cut from happening, Cuomo's budget legislation decouples from the federal law by pegging the credit and the income phase - outs to the levels in the old tax law.

Instead of this type of structure, the long - term capital gains tax rate income thresholds are similar to where they would have been under the old tax law.

Something important to note is investment expenses, like tax prep fees, adviser fees, investment publications, safety deposit boxes, etc. used to be deductible under the old tax law.

Many of the big changes will «sunset» in 2027, which will then revert back to the old tax laws.

Many of the provisions of TCJA are temporary and could revert to the old tax law in a few years.

Under the old tax laws, companies were required to pay 35 % of foreign cash to Uncle Sam for the honor of bringing that cash home.

The break points appear to be the same as the old tax law, but will be indexed for inflation going forward.

The fact is that the insurance rates we're all now paying were calculated based on the old tax law, so unless something is done, this tax cut is going to lead to windfall profits for insurance companies on our backs.

Under the old tax law, because the spouse receiving alimony or spousal maintenance is usually in a lower tax bracket after a divorce, more money stays with the divorcing couple rather than going to the Federal Government.

Under the old tax laws, they would itemize their deductions and see a reduction in their Federal and state taxes for these additional expenses.