Sentences with phrase «on your tax return by»

Now he's admitted he cheated on his tax returns by understating over $ 900,000 in income.
The Bottom Line Capital losses make it possible for investors to recoup at least part of their losses on their tax returns by offsetting capital gains and other forms of income.
Itemized deductions are claimed on your tax return by filling out IRS Schedule A (Itemized Deductions).
But keep in mind, your ultimate tax owing will be calculated on your tax return by adding together all your various sources of income.
The Adoption Tax Credit may be claimed on a tax return by any qualifying taxpayer with a filing status of Married, Widow (er), or Head - of - Household by using Form 8839, Qualified Adoption Expenses efile it.
If you deducted life insurance premiums in your business from your tax return and now receive life insurance dividends you should reduce your current tax years life insurance premium tax deduction on your tax return by the amount of the life insurance dividends, or claim them as taxable income on your tax return.
Assist customers that are working on their tax returns by giving advice, assist with software issues.
For tax purposes, it doesn't matter who was on title - that $ 20k gets allocated on the tax return by the partnership to the partners based on each partner's distribution percentage (the IRS knows the exact amount because the partnership reports it on the Schedule K - 1).

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thintax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thinTax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Personal income tax will hit a 20 - year high of 12.5 per cent of GDP by 2020 - 21 under the budget forecasts as the government relies on bracket creep and an increase in the Medicare levy to return the budget to surplus.
In the U.S. presidential race, Hillary Clinton has proposed tax reforms to curb what she calls «quarterly capital,» the focus by public companies and investors on rapid returns instead of long - term profitability and economic growth.
FASB or the Securities & Exchange Commission could enlighten the debate in a minute by requiring companies to disclose the taxes - incurred information from their corporate tax returns, which would require almost no effort on the companies» part.
By far, the oddest thing about Donald Trump's 1995 tax returns, a portion of which was published by The New York Times on Saturday, is not the massive $ 916 million loss — some 9,385 times as large as what was taken by the average filer who claimed a similar loss — but this: 1995 was actually a very good year for Trump, perhaps one of the best of his careeBy far, the oddest thing about Donald Trump's 1995 tax returns, a portion of which was published by The New York Times on Saturday, is not the massive $ 916 million loss — some 9,385 times as large as what was taken by the average filer who claimed a similar loss — but this: 1995 was actually a very good year for Trump, perhaps one of the best of his careeby The New York Times on Saturday, is not the massive $ 916 million loss — some 9,385 times as large as what was taken by the average filer who claimed a similar loss — but this: 1995 was actually a very good year for Trump, perhaps one of the best of his careeby the average filer who claimed a similar loss — but this: 1995 was actually a very good year for Trump, perhaps one of the best of his career.
Beyond that instance, it's difficult to assess the impact of any tax changes on Trump's personal taxes: He has not followed his predecessors» precedent by releasing any tax returns.
Fiat also said on Tuesday that it is receiving a $ 4.56 - million grant in return for creating the 700 new jobs, which follows a tax break worth more than $ 11 million that the company has already been granted by state authorities in Michigan with regard to its investment in the Sterling Heights plant.
It may not be an issue depending on your expected income in retirement, Peter, but OAS clawback reduces your OAS pension by 15 % of every dollar your net income on line 236 of your tax return exceeds $ 74,789 in 2017.
At today's prices, industry forecasts of three million barrels per day by 2020 are likely to underestimate production by a bit, but the real kicker will be on the value of that production to all concerned — governments, via taxes and royalties, and shareholders will all suffer much lower returns from this development than they would have expected less than a year ago if prices stay where they are today.
Another ruse is that a user account needs to be updated by clicking on a link, or that tax returns aren't complete.
To qualify for this guarantee: (i) you must have filed your original 2017 federal income tax return through Credit Karma Tax on or before April 16, 2018; (ii) you must be entitled to a federal tax refund from the IRS; (iii) you must have filed an amended federal income tax return using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to ltax return through Credit Karma Tax on or before April 16, 2018; (ii) you must be entitled to a federal tax refund from the IRS; (iii) you must have filed an amended federal income tax return using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary treturn through Credit Karma Tax on or before April 16, 2018; (ii) you must be entitled to a federal tax refund from the IRS; (iii) you must have filed an amended federal income tax return using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to lTax on or before April 16, 2018; (ii) you must be entitled to a federal tax refund from the IRS; (iii) you must have filed an amended federal income tax return using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to ltax refund from the IRS; (iii) you must have filed an amended federal income tax return using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to ltax return using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary treturn using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to lTax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary tReturn Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to ltax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary treturn must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to lTax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to ltax return that are contrary treturn that are contrary to law.
CBO's measure of before - tax comprehensive income includes all cash income (including non-taxable income not reported on tax returns, such as child support), taxes paid by businesses, [15] employees» contributions to 401 (k) retirement plans, and the estimated value of in - kind income received from various sources (such as food stamps, Medicare and Medicaid, and employer - paid health insurance premiums).
Since 2012, ZTS has grown after - tax profit (NOPAT) by 20 % compounded annually and increased its return on invested capital (ROIC) from 11 % to a top quintile 17 %.
Mr. Rosenberg also pointed to last October's announcement by Finance Minister Bill Morneau that sales of a principal residence must be reported on one's tax return, whether or not tax is owed on the gain.
If parliament gives its nod, Greek voters will be asked to rule on two complex draft documents that detail a proposal by the country's creditors to unlock aid of as much as 15.5 billion euros for Greece in return for sales - tax increases and pension reforms.
For example, if state income taxes increase by $ 100 for families claiming the SALT deduction on their federal returns who are in the 35 percent federal income tax bracket, the net cost to them is $ 65; that is, state taxes go up by $ 100, but federal taxes go down by $ 35.
20 % tax paid on $ 10,000 principal now that yields $ 100,000 of compound returns by retirement is far cheaper than getting tax free dollars now to invest only to pay 20 % on $ 100,000 10 years from now.
This penalty is assessed on a client's federal income tax return — not by the company that issued the annuity.
The upshot is that developers use one set of statistics and logic to calculate their «total returns» on their properties, but support a different logic for use by government statisticians and Congressional authors of the nation's tax laws, whose support from the FIRE sector depends largely on their not understanding its essential dynamics.
You can directly reduce your taxable income by including the interest amount on your tax return.
By leveraging our Robo - Analyst technology to parse and analyze company filings, including the footnotes and MD&A, we have identified companies with multiple years of after - tax profit growth and above average returns on invested capital.
Which doesn't cover investments in shares, the returns on which are directly affected by changes in the corporate tax rate (or the myriad of other investment vehicles liked bonds, REITs, mutual fund trusts, etc. that make up the bulk of the universe for Canadian investors).
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
Pay - as - you - go system: A retirement system in which benefits for current retirees are funded by taxes on today's workers in return for the implicit promise that those workers will receive retirement benefits funded by future workers.
This can reduce owed taxes by up to 100 % of net income on both years» returns.
Silver lining: by virtue of having renters in place before the local market went further south (when hospital closed), we were able to take a substantial ordinary loss on last year's tax return.
Hartford Schroders Tax - Aware Bond Fund uses a value - driven approach to seek total return on an after - tax basis by investing in a portfolio of predominantly investment grade, fixed - income securitiTax - Aware Bond Fund uses a value - driven approach to seek total return on an after - tax basis by investing in a portfolio of predominantly investment grade, fixed - income securititax basis by investing in a portfolio of predominantly investment grade, fixed - income securities.
If you're not covered by a retirement plan at work, you can deduct the entire amount of your IRA contribution (up to $ 5,500 annually, or $ 6,500 if you're 50 or older) on your income tax return.
Under House Bill 2014, introduced by Representative Mark Finchem (R - Tucson), Arizona taxpayers will simply back out all precious metals «gains» and «losses» reported on their federal tax returns from the calculation of their Arizona adjusted gross income (AGI).
By choosing not to claim your child as a dependent, that child can claim either the American Opportunity Credit, or the Lifetime Learning Credit on their tax return.
This mix reduced the incentive of businesses to invest by reducing after - tax returns on investments.
The introduction of a soda tax in Mexico in 2014, for instance, led to 3,000 job losses and soda consumption returned to pre-tax levels by mid-2015, thereby having no impact on public health.»
The tax returns bill has been derided by Senate Republicans as a «P.R. stunt» but Stewart - Cousins insisted the measure was part of a consistent set of policy proposals (a different, but similar bill that would link releasing tax returns to ballot access, was defeated as a hostile amendment on the Senate floor).
Governor Andrew Cuomo earlier this week said the state was exploring using a payroll tax as an alternative to the income tax in order to help residents hurt by new limits on deductions of state taxes from federal returns, under a sweeping overhaul of the U.S. tax code passed in late December.
And Derek Draper and Damian McBride have been creating it in large quantities, and they're by no means the first or the most obvious examples, given the loans - for - peerages scandal, various bits of chicanery around the Iraq war and subsequent investigations (e.g. David Kelly), ministerial expense fraud (or at least it would be fraud if you or I tried the same thing on our tax returns), pretty much anything to do with Peter Mandelson and the various leaks, briefings and spin cycles that have characterised the Labour party for the last fifteen years.
Her proof: A story shopped by her campaign about an alleged error on Gillibrand's 2010 tax return that the Gray Lady refused to touch.
On April 17, Cuomo made his tax return available for inspection by journalists — something he has done for more than a decade as a state official, but for which there is no legal requirement.
John Catsimatidis has proclaimed that he is «not a Bloomberg billionaire», but after a candidate forum last night hosted by the New York Young Republican Club he nonetheless declared that «I'm gonna do whatever Bloomberg did» on releasing tax returns.
The $ 2 million from the gaming association appears to have made it the committee's second largest contributor in 2011, according to a tax return released by the committee last month, which included information on donation amounts but did not identify donors.
A third would have allowed landlords to evict tenants who voted at the wrong location or filed their tax return with different addresses, on the grounds that their rent - stabilized apartments weren't their primary residences, as required by law.
Between January 14, 2014 and April 30, 2016, the defendant, owner of M&J Tobacco Wholesale, significantly under reported the amount of tobacco products imported by his company on his tax returns.
Cuomo has proposed getting around the limits by shifting state tax collections to a payroll tax, which would still be deductible on federal returns.
a b c d e f g h i j k l m n o p q r s t u v w x y z