Sentences with phrase «paid back taxes for»

He said he and his wife paid back taxes for employing the maid to the US Internal Revenue Service and to the state of California.

And if you don't pay back the taxes for a long time, the government will eventually enforce the lien by seizing and selling your property to satisfy the debt.

Basically, you'll only hear from one of the four new agencies if you're a tax debt deadbeat who's been avoiding paying back taxes for quite some time.

Not exact matches

One area of contention is the matter of Apple paying taxes on the profits it recorded in Ireland as well as sending money back to the US to pay for research and development.

The New Jersey Economic Development Agency eventually came through with a $ 50,000 grant in October of 2013, which paid for back taxes and insurance.

Committed users can pay for more complex training, where they learn revenue - building tricks like generating cash back, using gift cards and optimizing sales tax collection.

It said it expects to pay about $ 38 billion in taxes for the horde of cash it plans to bring back to the United States.

For instance, if you invested $ 30,000 in a variable annuity in 2008 and just got back to even, you won't have to pay taxes or gains if your distribution is $ 30,000 or less.

Apple expects to pay about $ 38 billion in taxes for the horde of cash it plans to bring back to the United States.

In addition, the conservative Koch - backed group Americans for Prosperity launched a $ 500,000 ad campaign touting the new tax law because, according to Americans for Prosperity Foundation Senior Director Michael Fields, «all Americans need to know how tax reform is leading to higher pay and lower taxes.»

«After paying out the taxes, Apple would have $ 200bn of cash back on - shore in the U.S. (which it could potentially use for buybacks, dividends, or M&A),» he wrote.

Designers of the 2001 tax cuts used this maneuver with full confidence that Congress would come back in future years and enact AMT relief without paying for it.

The European Union on Tuesday ordered Ireland to collect up to $ 14.5 billion in back taxes, plus interest, from Apple Inc., after ruling that the technology giant cut an illegal deal that allowed it to pay almost no taxes from 2003 to 2014 on profits for sales throughout the 28 - nation region.

Columbus, Ohio, for example, would waive all property taxes for Amazon for 15 years, subject to certain conditions, and would give back a share of the income taxes paid by Amazon's employees to the company in cash.

Also, the higher thresholds for the Alternative Minimum Tax («AMT») mean that many taxpayers who had to add back deductions for state and local taxes to determine their tax due may not have to pay the AMT, but the new law «caps» those deductions so the end result may be a small change for those taxpayeTax («AMT») mean that many taxpayers who had to add back deductions for state and local taxes to determine their tax due may not have to pay the AMT, but the new law «caps» those deductions so the end result may be a small change for those taxpayetax due may not have to pay the AMT, but the new law «caps» those deductions so the end result may be a small change for those taxpayers.

The European Union found Tuesday that Apple contributed almost no tax on profits for sales across all EU nations and has been ordered to pay up to $ 14.5 billion in back taxes to Ireland.

However, you can register for, charge, and remit GST / HST even if your small business does qualify for Small Supplier status, and you might want to do this because if you don't, you can't get any of the GST / HST you pay out on business purchases back through Input Tax Credits.

The only way, then, that you can use funds from your IRA to pay off debt, according to the above information, is to use your distribution to help pay for back taxes owed to the IRS if the IRS has placed a tax levy on you and your assets.

There are tax credits for education, but eligibility varies depending upon whether you're currently in school and paying tuition or whether you're out of school and already paying back student loans.

Nov 14, 2016 A tax amnesty is an opportunity for people who owe back taxes to pay some or all of what they owe, often with some penalties and interest waived.

We raise much of our food, burn wood for heat, water is gravity spring (no pump), private septic system, solar power I installed feeds grid back, no electric bill, wireless internet tower income pays our property taxes, so basically we can live on a vastly reduced income should it be needed, Much of our savings is in precious metals.

And so I learned that we hadn't been paying payroll taxes for almost 3 years — a particularly painful thing given I believe in taxes as a means of giving back to society.

Jefferson, Washington, and the Congress chose to help the industry get back on its feet by what was essentially a tax cut (in lieu of tariffs paid for supplies coming from outside the U.S.) to the owners and workers of the cod fishery on the condition that the ship owners share the tax credits with all the workers.

Considerations for parents weighing whether to cosign a loan for their child or taking out a parent loan in their own name include who is expected to pay the loan back, and who will claim any tax benefits.

If you do not file your past due returns or pay your back taxes, be prepared for the IRS to take further actions against you.

Rather than removing offsets, policymakers should work together to add new base - broadening provisions; what can not be paid for with base - broadening should be offset with new revenue sources or spending cuts or by scaling back the tax cuts.

To qualify for a VA loan, you must prove that you have made good on previous government - backed debts, and that you have paid taxes.

Apple has already done a $ 17 billion bond offering (the company decided to borrow the money rather than pay the hefty U.S. taxes required to bring some offshore cash back home) in order to raise funds for a planned $ 60 billion share repurchase over three years.

To make it easier for companies to pay back their bank loans or stock issues, the financial sector defends tax benefits for these major customers, recognizing that whatever the tax collector leaves behind can come back to the banks in the form of interest payments on further loans.

footnote † If you received a tax deduction on your contributions, your state might require you to pay it back if you use the money for expenses that aren't qualified.

I do nt think anyone on here understands that of the 55k she probably nets 33k after taxes but owed her attorney 18k for the contingency fee so she is left w / approx 14k of back pay.

We ran into one cyclical recession in the» 70's, and the Republicans seized on it as an excuse to rig government and society for the benefit of people who are already rich, while taking away opportunities from everyone else... then they crushed the unions so that workers would never be able to get back better pay and better job security, while investors make more and more and pay less and less in taxes.

So, it's not bad enough I get heavily taxed and sit back and watch the poor have more children because they can and get paid for it but they want me to give to the poor?

Remember — all your southern redneck states are net consumers of federal taxes — for every dollar they pay in taxes, they get a buttload more back in aid.

Back home, moviegoers flocked to the local theaters and paid for movie tickets that were specifically taxed for the war.

Should s / he choose to opt back in at a future date, s / he should be required to pay 5 years worth of single - payer taxes before s / he is eligible for care.

I pay my taxes, including those taxes NOT paid for by religious groups who don't pay their fair share, have never relied on welfare, paid back all of my student loans, with interest, raised happy, fulfilled and accomplished children (who are also atheists), and I vote in all elections.

The Thunder are set to pay the luxury tax for the first time ever after trading for Waiters, but there are ways they can get back under the tax line.

She makes the common sense argument that failing to pay for more healthful meals up front will only result in higher health care costs on the back end, and she considers a variety of ways to pay for universal lunch, such as a tax on soda or soda advertising, an increase in the capital gains tax, or by reducing income guarantees and price supports to producers of corn and soy.

The sports authority issued the tax - backed bonds that paid for the $ 432 million public share of the stadium's revamp and provides $ 5.1 million a year in subsidies to the Park District for Soldier Field operations and ongoing facilities upgrades.

Dean Bostrom, executive director of the Park District, responded that residents are showing their support for the center because no tax dollars would be used to pay for it and because it would not be located in «their back yard.»

The second major task for Labour is to secure the backing of business for a model of inclusive capitalism that restores public confidence in the moral virtue of wealth creation where doing well, and properly paying all taxes due, is seen as a societal as well as private, benefit.

«I'm curious how the Senate plans to pay for a lot of the things they say we should have without the millionaires tax,» Heastie said, pointing to expected increases in education aid the Senate will likely back.

The IDC is backing a paid family leave for working mothers, an increase to the child care tax credit, aid women in re-entering the workforce and help for low - income women by proposing changes to the Temporary Assistance for the Needy Families.

«Obviously, the vision is there, the plan is there but again it is not driven by anything than the citizens themselves and the area that we need improvement is for citizens to have trust or confidence that the taxes they are paying will be returned back in terms of infrastructure but I can tell you that I am also concerned; I see a lot of things I don't like but I am inhibited by the amount of money I have,» Governor Ambode said.

Unless you haven't noticed, parents who choose to send their children to private schools are already paying taxes for state school places for their children, taxes they don't get back for places they don't use.

«As US Senator, I will vote to repeal the Obamacare tax, to let businesses create well - paying jobs, and get our economy back on track so that New Yorkers can feed their families, fill their gas tanks, and pursue their dreams for themselves and their children.»

While, the Green Tag system, strictly forbids customs officers from inspecting containers to know their contents for tax and duties assessment and collecting, the Customs Advance Ruling on Valuation backed by Section 12 of Customs Act - Act 891 of 2015, allows less tax to be paid by an importer upon the inspection of the values the imported goods were supplied to the importer.

In view of this, and also as part of government's strategy for the long - term development of a local human capital base fit for a changing world, we will grant relief from corporate income tax paid by privately - owned and managed universities to the extent that profits are ploughed back to expand or maintain facilities.

Surrounded by union workers, U.S. Senate Minority Leader Chuck Schumer called Trump's infrastructure plan a sham, and urged that recent federal tax cuts for corporations and the richest Americans be rolled back to help pay for long - overdue repairs.