Sentences with phrase «on certain types of expenses»

Not exact matches

The biggest includes a reduction in the top corporate rate to 21 %, a new 20 % deduction for incomes from certain type of «pass - through» entities (partnerships, S Corps, sole proprietorships), limits on expensing of interest from borrowing, almost doubling of the amount small businesses can expense from the 2017 Section 179 amount of $ 510,000 to $ 1,000,000, and eliminates the corporate alternative minimum tax (AMT).

If you carry other credit cards that offer more lucrative bonus points on certain types of purchases, use this card to pay for any expenses not covered by the cards» rewards programs.

«You won't insure certain types of cases»: ATE has sat behind a surprising range of cases; it is distinctly possible, for example, that the MPs» expenses scandal would not have been blown open had freedom of information campaigner Heather Brooke not been able to find solicitors work on a CFA, backed by ATE insurance.

In connection therewith, the tax authorities are nowadays focusing on these types of payments denying the deductions based on the «reality of the service» or the excess payment under certain related issues, i.e. marketing and publicity expenses.

Therefore, if the beneficiary is counting on a certain amount of funds for paying final expenses, estate taxes, or any other type of debt with the life insurance proceeds, it is essential that either the loan or withdrawal be paid back, or the beneficiary be made aware of the unpaid balance.

How to Deduct Home Closing Costs If you're eligible to deduct certain types of expenses related to home settlement fees, you can do so on Form 1040 on lines six through 13 when you file your tax return.