Sentences with phrase «protected by an exemption»

Also known as «judgment proof», this term is applied to people or businesses with property of minimal value, which can be entirely protected by exemptions.

If you file after the first of the year, the trustee may be entitled to the entire tax refund if it is not protected by an exemption.

Depending on the assets that you have, the bankruptcy exemptions may only protect a portion of the tax refunds; therefore, you will lose the portion that is not protected by the exemption.

If you file your case prior to the end of the calendar year, the trustee is only entitled to a pro-rata share of the anticipated tax refunds based on your filing date, provided the tax refund is not protected by an exemption.

The amount of information deleted shall be indicated on the released portion of the record, unless including that indication would harm an interest protected by the exemption in this subsection under which the deletion is made.

Prior to filing, Attorney Williams will conduct a liquidation analysis to ensure that your assets will be protected by the exemptions that are available to you under the bankruptcy laws.

Not exact matches

These amendments were, as a whole, intended to ensure that retirement investors would consistently be protected by Impartial Conduct Standards, regardless of the particular exemption upon which an investment advice fiduciary relies.

Confusing matters is that a number of exemptions were phased into the law that protect email exchanges between businesses, emails by charities and political parties for fundraising purposes, the first email sent after a third - party referral and emails in response to consumer complaints or inquiries.

The bills proposed Friday by lawmakers would also create exemptions from the state's public - records law to protect the privacy of victims and provide money to raze and reconstruct the building where the shooting occurred.

-- MF] undermining efforts to uphold one man - one woman marriage by focusing on exemptions for religious groups as a way to protect religious freedom?

The religious exemption language has been a line in the sand for fence - sitting Republican Senate lawmakers who say the original bill introduced by Gov. Andrew Cuomo doesn't go far enough to protect insitutions like Catholic Charities.

That's in part because the identity of the chemicals used by the gas industry for drilling and fracturing are protected as trade secrets, and because the EPA, based on an exemption passed under the 2005 Energy Policy Act, does not have authority to investigate the fracturing process under the Safe Drinking Water Act.

Universities generally believed them covered by the student exemption that protects earnings from certain kinds of campus jobs.

The Freedom of Information Act (FOIA) is a Federal law that gives you the right to access any U.S. Department of Transportation (DOT) records unless DOT reasonably foresees that the release of the information in those records would harm an interest protected by one or more of the nine exemptions (such as classified national security, business proprietary, personal privacy, investigative documents) or release is prohibited by law.

Another exemption often used by agencies is that which protects information that would identify a confidential source.

If you make sure that you have an accurate value for your assets, then it will be close to what a trustee could get by selling them and your attorney can claim the correct exemptions and protect your assets.

When determining if your residence is protected by the Ohio homestead exemption, it is important to remember that the law applies to your primary residence only — investment property is not protected.

Exemption laws have been enacted by every state as well as the federal government to protect the property of debtors against the claims of judgment creditors and, once a bankruptcy case is filed, the trustee.

Furthermore, IRAs and Roth IRAs are also protected by the federal non-bankruptcy exemptions up to the amount of $ 1,171,150.

In a chapter 7 case, the bankruptcy court appoints a trustee to examine the debtor's assets to determine if there are any assets not protected by available «exemptions».

By moving cash into a Roth IRA, you wouldn't need to use your valuable wildcard exemption on the cash, but could use the retirement exemption to protect the Roth IRA.

Assuming that Larry and Penny get $ 1.2 million in 2015 dollars for their business, and that they can shelter it by dividing it in half and protecting the taxable gain over their adjusted cost base of $ 350,000 for each partner, then the present federal capital gains exemption would mean that they have no tax to pay on the sale.

Assets are protected by using bankruptcy exemptions.

While many states have very generous homestead exemptions which allow property owners to protect the equity in their homes, unfortunately, the exemptions offered by states differ significantly.

This reporting requirement will now apply to every property sold in Canada, even if the entire gain is fully protected by the principal residence exemption.

This reporting requirement will now apply to every property sold in Canada 2016 and onwards, even if the entire gain is fully protected by the principal residence exemption.

Some of your income — such as the amounts protected by your personal and any dependent exemptions and your standard or itemized deductions — is not taxed at all.

The magnificent American Eagle is supposed to be protected, but here we have a case where a «sweetheart» (and lousy) energy source favored by government is allowed an exemption to the rule that it does not deserve.

The Digital Millennium Copyright Act (DMCA), its exemptions, and the fair - use clause of Title 17 Chapter 1 Section 107 of the US Code clearly provide methods by which an individual may use copyrighted material, even if that material is protected by Digital Rights Management (DRM).

However, most people who are eligible to file for Chapter 7 have little to no property that isn't protected by the state exemptions.

While the Supreme Court of Canada rejected the approach taken by a majority of the BC Court of Appeal that the doctrine of interjurisdictional immunity protected InSite as a creation of the province's purported «core» legislative power over health issues — the SCC could not identify a «core» power over health exclusive to provinces, found that the ousting of criminal law from the domain of health could potentially create problematic «legal vacuums», and that the CDSA as a whole was still valid and applicable legislation — the Minister's decision to deny an exemption to InSite violated the claimants» section 7 Charter rights.

§ 58-1-501 (1)(a) and 58-67-501) in most jurisdictions and is not protected by the privileges afforded to people practicing medically within the scope of their license (e.g. an exemption from laws criminalizing contact with intimate parts when done for medical purposes).

In addition, three new classes of works received exemptions: audiovisual works in a university film archive; firmware on mobile telephone handsets; and sound recordings on CDs protected by access controls that create security vulnerabilities.

The announcement renewed three exemptions granted in prior rulemakings: computer programs protected by obsolete dongles; computer programs and video games distributed in obsolete formats; and eBooks with disabled read - aloud functions.

This balance is reflected, for example, in section 41 of the BC human rights code and section 18 of the Ontario human rights code, which provide exemptions from human rights legislation for certain organizations whose mandate includes serving a group identified by a protected grounds, including a particular religious group.

FIPPA also requires legal expertise, as each line and page of a record must be reviewed by the hospital for applicable legal exemptions that protect important interests such as patient privacy, solicitor - client privilege, or proprietary rights prior to release to a requester.

As the Court notes in its opinion, historical acceptance alone would not have served to validate the tax exemption upheld in Walz, because «no one acquires a vested or protected right in violation of the Constitution by long use.»»

Courts have created exceptions to the homestead exemption, and so the question before the court was whether the girlfriend's condominium was protected by the Florida homestead exemption.