Sentences with phrase «other substantial income»

While it's true that some people don't have to pay taxes on their Social Security income, benefits are taxable if you have, in the words of the Social Security Administration, «other substantial income.»

This usually happens only if you have other substantial income (such as wages, self - employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits.

While it's true that some people don't have to pay taxes on their Social Security income, benefits are taxable if you have, in the words of the Social Security Administration, «other substantial income.»

Not exact matches

They claim flaws in RBC's methodology exaggerate affordability, so the measures should take second place to the price - to - income ratio and other indicators showing substantial overvaluation.

Nonprofits with substantial earned income usually have two staffs: one to work on philanthropic goals; the other to handle tasks like sales, marketing, and customer service for the business side.

This income being «sprinkled» across the family can confer a substantial tax advantage to the incorporated consultant compared to a family with a regular wage earner who would have to pay full tax on any money given to other family members.

Social Security represents a substantial share of income for the bottom quintile but is less important for higher - earners — reflecting the progressive nature of the benefit formula and the fact that higher - earners have many other sources of income — whereas private retirement income is less important at the low end but is more important for middle and upper - income groups (those at the very top mostly rely on investment or business income).

High - return assets that produce a substantial amount of their return through taxable income, on the other hand, should be primarily held in tax - deferred accounts such as IRAs and 401 (k) s.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

hope today's entertaining service with the hot air balloon helps to inspire other places of worship around the world to think about how they can use their majestic, but underutilised, spaces to raise substantial income each year and attract the next generation of visitors.»

«It can now actually become a substantial additional source of income for many factories and processing plants throughout the world, including the food, beverage and agro industry and other primary product processing.»

In Japan, a system of lifetime employment in many big businesses, a tradition of employer provided benefits such as housing in many cases, and a wage system in those kinds of businesses where workers receive a substantial share of their annual income in the form of an annual bonus whose size can be used to buffer good and bad years for a company sharing risks and rewards with workers instead of limiting the risks and rewards to an investor class, have contributed to low levels of income inequality in the Japanese economy relative to comparably developed countries with comparable levels of government spending on welfare state type programs in other countries.

This agreement with a company that has substantial business before the state came a day before Cuomo and the Assembly struck their two - way reform deal, which doesn't require outside income disclosure for spouses of significant others.

The NPP argue that Ghana has a very high tax regime and that a further reduction in corporate income tax rate and abolition of other indirect taxes could generate substantial benefits to the country.

This was less to do with any decline in union generosity, and more to do with Labour's ability to raise substantial income from other sources.

In the long run, overcoming the challenge of latent TB infection will require substantial investments in TB research by foundations and by the U.S. and other governments from high - and middle - income countries.

Users can add a substantial amount of information to their profiles (including what type of individual you're looking for, location, country, personal stats, income and more) and this information becomes searchable using the site's excellent search features, so users can find others who match their preferences quickly.

He is entirely correct in observing the strong evidence showing that family income, parental education, family composition, housing stability, and other social factors have a substantial effect on student achievement.

Among them are deleterious effects on children of unregulated and often substandard childcare; [9] lost productivity for employers due to parents missing work to handle gaps in childcare or to care for a sick child; [10] lost wages and reduced retirement benefits for parents who have to drop out of the labor market to provide at - home care for their young children; [11] a substantial downward pressure on the wages of childcare workers with effects on the quality and stability of the childcare workforce; [12] and lost opportunities for further education, [13] college savings, and other investments that working parents could make in themselves and their children but can not afford because they are spending most or all of their disposable income on childcare.

This income being «sprinkled» across the family can confer a substantial tax advantage to the incorporated consultant compared to a family with a regular wage earner who would have to pay full tax on any money given to other family members.

The Internal Revenue Service says that most individuals who rent property to others will report rental income using Schedule E. However, if you provide what the IRS calls «substantial services» to your tenants, or if you're a real estate dealer, you would report the income using Schedule C.

On the other hand if your income is more bonus or commission based, then the flexibility of a lower monthly payment lets you pay the principle when you want still building a substantial amount of equity.

Well, nonpassive income is revenue that can not be classified as passive income and includes active income or earnings that you get for work done on a regular, substantial and continuous basis such as daily wages, monthly salary or the any other payment that you receive after you've performed tasks.

With our passive income ideas, you can earn substantial cash flow to be reinvested into your retirement portfolio or other income producing assets.

If they do all this, when they retire at 60, they'll have a paid - off home, a paid - off rental property with a healthy income stream, topped - up TFSAs, substantial RRSPs, a good defined benefit pension plan for Colin, as well as other savings.

I think that in a situation where you don't have at least 60 % of the cash on hand to settle your other accounts, the other creditors won't agree to a settlement, and you've had a substantial loss of income in the home, that bankruptcy is a much more reasonable solution.

Lenders will choose your mortgage application over others if you have a substantial savings, good strong income and job stability and re-established credit after being discharged from Bankruptcy.

The term «single asset real estate» is defined as «a single property or project, other than residential real property with fewer than four residential units, which generates substantially all of the gross income of a debtor who is not a family farmer and on which no substantial business is being conducted by a debtor other than the business of operating the real property and activities incidental.»

On the other hand, an excessively high level of working reserves would mean foregoing substantial interest income on customer loans.

In other words, this is not the financial tool to safeguard your income for your spouse, and it could actually be a substantial burden on your spouse if the surviving spouse has an impaired ability to pay the premiums.

A business discussion will not be considered substantial unless you can show that you actively engaged in the discussion, meeting, negotiation, or other business transaction to get income or some other specific business benefit.

«in addition to the clawback issue, there are other important one - time but substantial hits: (1) a partner would lose any capital account, (2) a partner may have to pay income taxes on any partnership debt that is forgiven as part of the reorganization (the cancellation of indebtedness income flow through the partnership to the individual partners) and (3) the partner may lose entirely benefits under certain types of retirement plans.

«The introduction of new criminal charges will mean that businesses will feel compelled to increase the already substantial investment they make in compliance for foreign exchange and other fixed income trading teams.»

A life insurance policy can provide a way for your spouse or significant other to replace that lost income, without them having to drastically change their lifestyle or go into a substantial financial hardship — especially at an already difficult time for them.

You can either be exposed to a substantial loss of income from 1 medical condition (the one you have) or 100 (the one you still have plus 99 other ones).

If you are married or have a significant other, and your spouse or partner will lose a substantial portion of your pension or other income when you pass away, it is absolutely essential that you have life insurance in order to replace this lost income for him or her.

Voya Variable Universal Life — CV — With this policy, there are 55 + different investment options; allowing the policy holder to build substantial cash value for supplementing retirement income, paying college tuition, paying off debt, or building funds for any other reason that they see fit.

Imagine two families with the same household incomes, but one couple has two children and outstanding student loans while the other has paid off the house and accumulated substantial retirement savings.

Individuals who bought cryptocurrency with the proceeds of unlawful activities; Individuals who accepted or converted other forms of currency into cryptocurrency to conceal income or assets from the IRS; Individuals with substantial unreported cryptocurrency income and / or gains; Individuals who derive all or most of their income from cryptocurrency (e.g., bitcoin miners); and Individuals who will continue to stick their head in the sand and fail to bring their unreported cryptocurrency into tax compliance, as some unreported foreign accountholders still do.

When you work in the finance field as a personal adviser, you can create a substantial income while helping others to realize their financial goals as well.

But research has failed to establish substantial causal linkages between low family income and children's psychosocial outcomes; indeed, other characteristics of low - income families appear to be more important.

There is no change in your economic position by transferring your primary residence into a LLC, You do not have a substantial purpose for entering into such transaction other than to simply avoid paying federal income taxes.