Your regular payroll deductions would still apply — CPP, EI, withholding taxes and
any other applicable deductions.
Not exact matches
Use your latest return to estimate your 2018 itemized
deductions, including medical and dental expenses, paid taxes (up to $ 5,000 for single filers and $ 10,000 for married filers for
applicable state and local income taxes, property taxes, or sales taxes), gifts to charity, and
other itemized
deductions.
The Company may, to the extent permitted by
applicable law, deduct from and set off against any amounts the Company may owe to the Participant from time to time (including amounts payable in connection with any Incentive Award, owed as wages, fringe benefits, or
other compensation owed to the Participant), such amounts as may be owed by the Participant to the Company, although the Participant shall remain liable for any part of the Participant's payment obligation not satisfied through such
deduction and setoff.
Each of these amounts remains subject to
deduction for
applicable attorneys» fees and
other litigation related expenses.
This
deduction is also not
applicable in case the taxpayer has a self - occupied property at any
other place.
All the
applicable tax
deductions and exemptions under Section 80 C (tax saving investments), 80CCC, 80 CCD, 80D (health insurance premium), 80E (interest on any education loan), 80 G (donations) and
others
The annual premium amount (including,
applicable taxes, cess, and
other charges) for a unit linked policy is eligible for tax
deduction under section 80C of the Income Tax Act, 1961.
• Prepare tax records and analyze financial information to ensure client is taking advantage of all
applicable tax
deductions and
other money - saving methods.