Sentences with phrase «practice income»

If a lawyer has a net practice income of $ 130,000 and has personal living expenses tallying up to $ 70,000, they will be taxed $ 39,600 under a proprietorship but only $ 31,000 as a professional corporation, he said.

For example they could have proposed that every licensed lawyer be required to either serve as an articling principal, or else contribute x % of his / her law practice income to a fund used to compensate lawyers who do serve as articling principals.

Secondly, the PLAP eligibility criteria is now modified by a means test where the applicant must have a net annual practice income of less than $ 50,000 to be eligible.

From our «ignorant» early days (let's face it — we were not taught much on oral diseases in pets as undergraduates), Veterinary Dentistry now makes a significant contribution to small animal practice income.

RPC also projected asset accumulation, considering projected practice income and Social Security income after retirement net of tax and consumption.

Law firms have seen the time between sending invoices and receiving payment increase over the last few years as clients struggle to make ends meet, and these delays effectively reduce practice income.

Starting in 2014, only lawyers whose net annual practice income is below $ 50,000 will be able to access the Parental Leave Assistance Program, a modest benefit package meant to cover new parents» overheads while they are on maternity or paternity leave.

Law Society of Upper Canada benchers voted by a large margin on Thursday to limit parental leave benefits to lawyers with to low - net practice income.

A spokesman for Mr. Silver said that he had disclosed all of his law - practice income, but declined to answer questions about its source.

Taking non-law practice income into account seems off the point to me, but I do know a lot of solos who are serial entrepreneurs or supplementing their law practice income with contract work.

Any one chapter or idea can immensely improve your practice income and your life.