Sentences with phrase «older tax credit»

Just before the reception began news broke, courtesy of the rom the great Daily News Capitol Bureau Chief Ken Lovett, that there was a deal reached back home in New York to revive the 40 - year old tax credit known as 421a, which quietly expired without much fanfare a year and a half ago.

Gov. George Pataki and state legislators expanded an old tax credit program in 2000 and bestowed the rewards on geographic areas called Empire Zones.

Former Gov. George Pataki and state legislators expanded an old tax credit program in 2000 and said businesses could benefit if they were situated in geographic areas called Empire Zones.

We previouslyset the record straight on school choice empirical research literature, and now we will set the record straight on Florida's 15 - year - old Tax Credit Scholarship Program.

Not exact matches

Everything from capital gains taxes to boutique tax credits to old age security are potentially on the agenda.

U.S. House Republicans are working on changes to their healthcare overhaul bill to provide more generous tax credits for older Americans and add a work requirement for the Medicaid program for the poor, House Speaker Paul Ryan said on Sunday.

On June 30, the last day the old provincial sales tax remained in effect, a coalition fronted by former Social Credit premier Bill Vander Zalm presented a petition of 557,383 valid signatures to the province's chief electoral officer, which forces a bill abolishing the HST to be either voted on in the legislature or put to a referendum.

But still, for every age group — excluding 55 - to 64 - year - olds — at least one - fifth incorrectly selected «Tax credit for retirement» as the answer.

Build on our caregiver tax credit by working with employers to better accommodate Canadians caring for older family members;

More money and more credit, less tax and red tape, plus the same old 6.5 pct growth target: Beijing's key economic conference opened with cautious tweaks to last year's playbook.

The bankruptcy fully discharges the shortfall as a (now) unsecured debt, just like all other debts dischargeable in bankruptcy: credit cards, unsecured lines of credit, income tax arrears, older student loans, etc..

«Do we want to stick with the old credit, which leaves fewer and fewer people behind, and helps one time in your life, or do we go with the tax cuts that provide about $ 2,000 a year, and the new family credit that helps you with your child every year of their life?»

The endowments of the wealthiest universities should be taxed to fund a common purse for education that can be spent on tuition tax credits to help all Americans afford some form of post-high school education, which is what we need today as the old student loan model becomes burdensome for young people.

The 13 - year - old program provides dollar - for - dollar income tax credits for money given to «school tuition organizations,» or STOs.

A tax credit system that is actually less fair to those at the bottom than the very old FIS.

Syracuse - based Bond, Schoeneck & King, a 120 - year - old law firm, told state officials it would collect more than $ 7.5 million in tax credits from 2002 to 2007 at its offices in Syracuse, Albany, Buffalo and Oswego.

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.

The money lost to claimant fraud and error was less than under the old working families tax credit (14 per cent), she said, adding that changes to the IT system and fraud measures meant this year's figure would be better.

Yet while ministers have been trying to reach their target of giving the pension credit to three million older people - a target they have missed - the take - up of housing and council tax benefits has fallen by five and ten per cent respectively since 1997.

older, disabled or otherwise vulnerable people who employ carers and therefore find themselves having to operate payroll systems and undertake the other regulatory burdens associated with being an employer; and migrants to the UK for whom there is as yet no comprehensive, and comprehensible, source of information on the tax and tax credits systems which they will encounter on arrival here.

The law forbids employers from firing older workers and replacing them with teens just to get the tax credit, although critics say that would be hard to prove.

Critics say the tax credit will cost more than Gov. Andrew Cuomo's office estimates, could put some older workers out of jobs, and encourage employers to pay the minimum wage and not a penny more.

The four decade - old credit, which offered relief from increased tax assessments on new construction, lapsed in January, imperiling the mayor's mission to construct some 80,000 new affordable units by 2024.

«The tax credits in AHCA, if they become law, would compound the inequity — giving less support to the younger consumers who are already overpaying, and a larger break to older consumers who are underpaying.»

Plans to eliminated the federal historic tax credit as part the $ 1.5 trillion tax reform package being considered by Congress would end a key tool used to revitalize old structures in city's like Troy, officials warned.

The Building and Construction Trades Council of New York aggressively campaigned last year to have pay floors written into the 44 - year - old credit, which lets developers off the hook for the property taxes on a new building for a decade.

At the same time, the lawmakers say the tax credit measure has incentivized businesses to not hire older workers and turn to students in order to pay them the minimum wage.

Tax cuts paired with minimum wage increases aren't novel, however: The last minimum wage increase included a credit to employers who hire younger workers, a move seen by Democratic lawmakers as a way to hurt older low - wage workers.

The Albany - area Regional Economic Development Council announced projects it wants funded in the $ 800 million race this year for state grants and tax credits, including redevelopment of the old Starlite Theater property in Colonie and the Palace Theatre's proposed renovation and expansion, which was on the wish list last year.

Meantime, a 60 - year - old earning $ 100,000 and buying insurance on the exchange would get a brand - new $ 1,500 tax credit.

Employers could get tax credits between $ 1,560 and $ 2,808 for every adult employee they replace with a student between 16 and 19 years old.

According to our figures (and I keep asking you to use the figures set out in the Liberal Democrat and Labour document not the figures given by the IFS who state they got their figures from these documents but actually give different figures) to reverse the cuts to Universal Credit cost # 3.665 billion and as I pointed out above these are the reductions in the amounts a person can keep before they start to lose their benefit, which were set much higher than the old benefits, but the withdrawal rate seemed to be higher with Universal Credit (65 % [reduced to 62 %] than with Tax Credit (41 % on gross income).

Other aspects of the addendum that criticized the state's Brownfield Redevelopment Tax Credit and the geographic distribution of credits was flawed, Wetzler said, because it relied on older data that didn't account for changes to the various programs.

The 3 - decade - old orphan drug tax credit will be cut in half.

Backers of the so - called R&D credit, worth some $ 7 billion annually in recent years, had hoped this would be the year Congress finally made the 33 - year - old tax break permanent — as many economic experts have long urged.

In July 2014, Citizens for Strong Schools, Inc. and Fund Education Now amended a five - year - old lawsuit alleging the state has failed to adequately fund public education, to include new claims concerning the Florida Tax Credit Scholarship Program and the McKay voucher program for students with special needs.

posted July 20, 2012 Re: «It's Real Money» (editorial, July 5) Disappointing was the editorial arguing that the Educational Improvement Tax Credit — a decade - old, bipartisan - supported program that gives children educational options through voluntary business tax credits — «costs taxpayers.&raqTax Credit — a decade - old, bipartisan - supported program that gives children educational options through voluntary business tax credits — «costs taxpayers.&raqtax credits — «costs taxpayers.»

Disappointing was the editorial arguing that the Educational Improvement Tax Credit — a decade - old, bipartisan - supported program that gives children educational options through voluntary business tax credits — «costs taxpayers.&raqTax Credit — a decade - old, bipartisan - supported program that gives children educational options through voluntary business tax credits — «costs taxpayers.&raqtax credits — «costs taxpayers.»

In August, FEA and a few allies challenged the state's popular 13 - year - old Tuition Tax Credit Scholarship program.

The Florida public - school establishment is suing to repeal the Sunshine State's 13 - year - old school - choice tax credit and its new education savings accounts under the state's Blaine Amendment and its «uniformity clause,» which mandates that «Adequate provision shall be made by law for a uniform, efficient, safe, secure, and high quality system of free public schools...» The Florida Supreme Court previously struck down the state's voucher program under this provision in Bush v. Holmes (2006), on the grounds that the vouchers «divert [ed] public dollars» from «the sole means set out in the Constitution for the state to provide for the education of Florida's children.»

The NHSC's ruling today takes some wind out of the sails of the Florida School Boards Association (FSBA), which is inexplicably suing the Sunshine State over its more - than - decade - old scholarship tax credit law, in a complaint that mirrors the legal reasoning of the NH petitioners.

The one - page tax form 1040EZ may be an option for people who qualify to file Form 1040A but are younger than 65 years old, single or married filing jointly, claim no dependents and don't claim any adjustments to income or credits beyond the earned income credit.

Canadian dividends also receive a generous dividend tax credit that benefits low - income investors in particular: a retiree in Ontario whose only other source of income is the Canada Pension Plan and Old Age Security might be able to collect more than $ 20,000 a year in eligible Canadian dividends and pay no tax.

We note taxes payable are netted out with eligible refundable tax credits, and compare the results to the old rules.

Likewise for certain tax credits and pensions that are paid out over the course of the year based on your income on your tax return, like the GST / HST credit and Old Age Security pension.

-- > Anyone 65 or older will benefit from the new Home Accessibility Tax Credit (HATC), explains Don Carson, spokesperson for Canada's Chartered Professional Accountants.

Withdrawals also do not affect eligibility for income - tested benefits and credits, such as Old Age Security, the Guaranteed Income Supplement, and the Canada Child Tax Benefit.

Tax tip: If you don't already benefit from the pension income tax credit and you're 65 years of age or older, consider creating pension income by purchasing an annuity that yields $ 2,000 of interest income annualTax tip: If you don't already benefit from the pension income tax credit and you're 65 years of age or older, consider creating pension income by purchasing an annuity that yields $ 2,000 of interest income annualtax credit and you're 65 years of age or older, consider creating pension income by purchasing an annuity that yields $ 2,000 of interest income annually.

As a result, there's another tax credit available if you reside with and provide in - home care for a parent or grandparent who is 65 years of age or older.

That consists of $ 7,000 from Old Age Security and $ 11,000 from the Guaranteed Income Supplement, $ 2,500 from refundable tax credits and «believe it or not» $ 500 from CPP, he clarified in a later Q&A session.