Sentences with phrase «portions of my business income»

But it fluctuates, and portions of my business income streams come and go.

Not exact matches

And the business is structured so that a portion of revenue comes from semiannual subscriptions, which produce predictable, recurring income.

Key Facts: Joint filer with a Schedule C business has a standard deduction of $ 24,000 Business gross income of $ 130,000 Business expenses of $ 30,000 Net profit from business $ 100,000 (qualified business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ business has a standard deduction of $ 24,000 Business gross income of $ 130,000 Business expenses of $ 30,000 Net profit from business $ 100,000 (qualified business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ Business gross income of $ 130,000 Business expenses of $ 30,000 Net profit from business $ 100,000 (qualified business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ Business expenses of $ 30,000 Net profit from business $ 100,000 (qualified business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ business $ 100,000 (qualified business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ business income of $ 100,000.

But the fastest - growing portion of Berkshire's energy business is MidAmerican, which generated $ 524 million in operating income in the first nine months of 2016, up $ 102 million from the same period a year ago.

So if you traveled for work or otherwise spent your own money on business costs, you can deduct a portion of those expenses from your taxable income.

Homemade Dividend - Homemade Dividend is a business or corporate investment income that comes from the sale of a portion of shares of stock certificates held by the shareholder of record.

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.

Schwartz, who also is an advisory board member with the International Racquet Sports Association, wants the portion of the Park District that is being run to make a profit to pay property and income taxes just as private sector businesses do.

Depending on the insurer and your corporate structure, the employee's income can include their annual bonus or a portion of the company's net income, if they have ownership in the business.

In other words, the MLP itself is not liable for corporate taxes on its revenues, as most incorporated businesses are; instead, its owners / unitholders / investors are only personally liable for income taxes on their portions of the MLP's earnings.

So if they get paid $ 10,000 a month by customers in the form of credit cards, the business pays out $ 100 - 300 a month to the credit card processor - a good portion of which will make it back to the credit card issuing company, and is a major source of income for them.

In order to attract your business, lending institutions must allocate a portion of their income to marketing and sales, but representatives working for these institutions have only one financial product to sell — their own.

If you are a landlord and have rental income from your home you may be able to deduct a portion of your insurance as a business expense but the deduction amount is based on the portion of your home that is used as rental property.

Net self - employment income usually includes all business income minus all business deductions allowed for income tax purposes, while net earnings from self - employment is a portion of net self - employment income.

Sometimes it's the low - tech solution that serves best, but however a business goes about it, streamlining the bathing portion of the grooming process can only increase its income.

That's right, every pet business operator, owner, manager and employee can legitimately claim an income tax deduction for a sizable portion of the expenses of attending events like Global Pet Expo, provided certain rules are followed.

Obviously a portion of this increased income goes to pay for higher energy prices and goods, but this arrangement gives consumers and businesses the choice about how to spend that money.

There would inevitably, however, have been some new clients that joined him after February 2003 and when he was with Mrs. F. Second, Mr. F. chose, for tax or income splitting purposes, to place a portion of the proceeds from the sale of his «book of business» in Mrs. F.'s name.

This income could jeopardize your nonprofit status if it makes up a substantial portion of your business.

the spouse derives a significant portion of income from dividends, capital gains or other sources that are taxed at a lower rate than employment or business income or that are exempt from tax; and

The property damage portion of a BOP covers damages to the kitchen equipment, and business interruption coverage helps cover any lost income.

Lost income coverage: If your business is forced to close or halt production while fire damage is being repaired, this insurance can provide a portion of your expected income so that you can continue to pay employees and monthly expenses.

My advice is: invest for income, and spread that income across enough sources that losing an LLC in litigation, for example, does not take away a major portion of the income which comes to me through my business entity structure.

Minimize your business income by classifying a portion of your depreciable real estate as personal property.