Sentences with phrase «other taxpayers»

Special rules apply to income received by children who are claimed as dependents by other taxpayers.
And many of those actually made money from other taxpayers by taking advantage of various credits.
Other taxpayers who earn less than $ 75,000 can file for the full credit.
Under this election, you also can deduct net losses against other income without being subject to the $ 3,000 annual limit other taxpayers face on capital loss deductions.
If suburban schools do not live up to their price tag, then their active parents and other taxpayers worried about their property values put pressure on policymakers to improve them.
And if parents or other taxpayers knew about it, they might question why we spend money on having world language teachers at all.
However, you can generally receive more income during the year than other taxpayers before having to file a tax return.
Still other taxpayers are opting to pay the tax now because they are not finding suitable replacement properties in a highly competitive real estate investment market, he adds.
So more than $ 70 million in revenue from other taxpayers was used to make direct subsidy payments to qualifying companies.
The resulting shortfall in general revenue either has to be made up by other taxpayers or else contributes a little more to the budget deficit.
The tax credit will be phased out for married couples with income of $ 150,000 to $ 170,000 and for other taxpayers who have income of $ 75,000 to $ 95,000.
These funds are usually held by the qualified intermediary in a commingled account with the exchange funds of other taxpayers.
Minor children, like other taxpayers, have a choice between claiming itemized deductions or the standard deduction.
There are lots of myths... flying saucers, Santa, etc.... but people that believe in those, don't preach hatred and intolerance of others... as well as trying to deprive them of equal rights that other taxpayers in this country (and elsewhere) have access to.
They deserve a new contract just as much as other taxpayers of Erie County.
According to the forms, made public by the state ethics commission, former longtime Cuomo associate Joe Percoco earned up to $ 125,000 from Clough Harbor Associates and COR development, two firms involved in Governor Cuomo's Buffalo Billion project and other taxpayer funded high - tech developments associated with SUNY Polytechnic Institute.
As a low - income filer, you might be entitled to various credits and deductions for which other taxpayers don't qualify.
If you're a low - income filer, you might be entitled to various tax credits and deductions for which other taxpayers don't qualify.
Meanwhile, the public coffers, and thereby other taxpayers, would suffer.
This makes for a fairer balance between what employees pay and what other taxpayers have to pay.»
ALBANY, NY (11/19/2013)(readMedia)-- «We applaud Senator Skelos and his conference members for developing this aggressive package of tax reforms, and for including business and other taxpayer ideas.
Both ideas would cost other taxpayers the same amount: about $ 1.7 billion, Gannett reported.
«Since exemptions result in other taxpayers generally bearing financial responsibility for the offset in tax burden, it is vital that exemptions be carefully considered and periodically reevaluated to determine their effectiveness.»
Forty - eight percent of parents and other taxpayers rated their local districts C or lower, according to the 2011 Phi Delta Kappa / Gallup poll.
«They're hurting other taxpayers,» says MacDonald.
According to the University of Wisconsin, an estate or a trust may not claim the domestic production activities deduction if the organization passes its income through to other taxpayers instead of filing its own tax return.
The AMT winds up costing you many of the deductions that other taxpayers usually claim, but this is a tip that's important for you to know.
The Large Corporation Rules were enacted to discourage large corporations from engaging in a full reconstruction of their income tax returns for a particular year, after the objection or appeal process has started, based on developing interpretations and the outcome of court decisions in litigation involving other taxpayers.
The average number of new tax cases sent to the Court of Justice of the European Union (CJEU) has risen by a fifth since the credit crunch, as more businesses and other taxpayers use the court to challenge the actions of national tax authorities, says Pinsent Masons, the international law firm.
«NCAE believes that before charter expansion should be considered that all public schools be held to the same high standards of accountability, transparency and equity as other taxpayer - funded schools to ensure the success of all students.»
Businesses and other taxpayers who believe they are being taxed unfairly in the process, contrary to principles of EU law, can bring a challenge to the CJEU.
As pet professionals and pet businesses, you are uniquely positioned to educate lawmakers on how an ordinance or piece of legislation will impact animal welfare, business constituents and other taxpayers in your community.
The Supreme Court ruled similarly that, although tax secrecy and confidentiality were important values that should be protected (and were expressly protected under s 81 of the Tax Administration Act 1994), the disclosure of information regarding the affairs of other taxpayers was reasonably necessary for the fulfilment of the Commissioners statutory obligation in this instance.
I believe that such appeals carry grave threats to democratic discourse, and I think it wrong that faith groups, which in the United States and here enjoy significant hidden subsidies from other taxpayers, should award themselves a special right to influence the law and public policy and seek to impose their views on others who disagree with them.»
The government's plan to reduce the small business tax rate to 9 % means Ottawa is foregoing $ 5 billion in annual tax revenue, according to Lanthier, and that other taxpayers will have to bear those costs.
(Sec. 11021) This section temporarily increases the standard deduction to $ 24,000 for married individuals filing a joint return, to $ 18,000 for head - of - household filers, and to $ 12,000 for all other taxpayers.
That unit has a higher credit rating because the Federal Deposit Insurance Corporation (that is, you and me and other taxpayers) are backing the deposits.
Although the provision is equipped with guardrails restricting professional service firms, other taxpayers may be tempted to recharacterize their income to take advantage of this tax break.
The Institute believes the uncertainty this causes will be bad for UK business and other taxpayers.
We support candidates who are best suited to advance the causes of the city and state like any other taxpayer,» said George Arzt, spokesman for Extell Development Corp when asked if he thought its contributions helped get these abatements signed into law.
Also at noon, Laura Curran, Democratic Candidate for Nassau County executive, will pledge to end the county practice of having signs and other taxpayer - funded resources branded with the county executive's name, Grant Park, 1625 Broadway, Hewlett.
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