Sentences with phrase «received federal contributions»

The Finance Department says the Canada Child Benefit will result in increased monthly incomes for nine of 10 families that previously received federal contributions.

Not exact matches

The federal government limits tax - deductible contributions to retirement plans; for most plans, such as 401 (k) programs, the maximum amount you can receive in contributions in 2016 is $ 53,000 if you're under the age of 50, and $ 59,000 if you're eligible to make «catch - up» contributions.

For federal income tax purposes, you may deduct as a charitable contribution the price of this ticket less $ 50, our good - faith estimate of the value of the goods or services received.

The former Queens senator and erstwhile amigo received $ 9,600 — the maximum allowable contribution — on March 9 from GDP Consulting, a Niagara Falls - based consulting company at the center of a federal tax and money laundering probe connected to Senate Majority Leader Pedro Espada Jr..

He said federal officials had taken more than two years to scrutinize every contract Walker handled and every campaign contributed he received, and found no allegations of bribery, official misconduct or improper contributions.

There is a federal investigation into whether donors to the Campaign for One New York, a nonprofit the mayor started to advance his political agenda, received favors in exchange for their contributions.

Contributions to this fund would be deductible from State, local, and federal income taxes and taxpayers would receive a credit toward their subsequent year State income taxes equal to 85 percent of their contribution.

Eight federal political committees that have received contributions from Mercer or his daughter, Rebekah, have reported paying Cambridge Analytica in the past, including Sen. Ted Cruz's presidential committee and the North Carolina Republican Party.

The EFCC subsequently received a petition alleging that over N50bn from the Employee Compensation Scheme fund, paid by Ministries, Departments and Agencies and private companies as well as another N18bn, being the contribution of the Federal Government as take - off grant to the NSITF, was mismanaged and diverted into the personal accounts of Olojeme and Umar Abubakar, a former Managing Director of the NSITF.

Sen. Tony Avella, chair of the chamber's Ethics Committee, revealed to reporters that he had no idea that any official with Glenwood Management had received a non-prosecution agreement with federal prosecutors, and has no plans to return the company's campaign contributions.

While testifying at the unrelated corruption trial of former State Sen. Dean Skelos, Walker confirmed he is being investigated by federal prosecutors for what he called «campaign contributions, that contractors received work because of that.»

Under this plan the state would still receive revenue and taxpayers could deduct the amount of their contributions from their federal taxes.

According to the latest filing, the New York Republican federal account received a total of $ 1.9 million in contributions in 2017, including $ 756,000 from individuals.

Katko's Federal Election Commission filing shows he received most of his contributions — roughly 75 percent — from supporters in the 24th Congressional District.

WASHINGTON, D.C. — U.S. Rep. John Katko will return $ 10,000 in campaign contributions he received from executives of COR Development Co. after its founders were arrested Thursday on federal corruption charges.

President Trump's charitable foundation received nearly $ 2.9 million in contributions in 2016, its latest federal tax filing shows — a million dollars more than it raised in the previous three years combined.

The NSF / SRS Federal Funds for Research and Development surveys for 1998 estimate federal contributions to universities and colleges to total more than $ 15 billion, which is almost 60 % of all research funds that academic institutions received thaFederal Funds for Research and Development surveys for 1998 estimate federal contributions to universities and colleges to total more than $ 15 billion, which is almost 60 % of all research funds that academic institutions received thafederal contributions to universities and colleges to total more than $ 15 billion, which is almost 60 % of all research funds that academic institutions received that year.

Consistent with IRS guidelines, only the excess of the contribution over the fair market value of any items received in exchange for a contribution is deductible for federal tax purposes.

For that matter, according to AASA's and ITEP's definition, anyone who receives both a state and federal deduction for their same donation would be considered «double - dipping» — a category that includes nearly every American who makes charitable contributions in states with income taxes!

When combined with a federal tax loophole that allows taxpayers to receive a federal deduction on a dollar - for - dollar state tax credit, 10 of these states» credits are so lucrative that they allow some upper - income taxpayers to turn a profit (at federal taxpayer expense) on contributions they make to fund private school vouchers.

Charitable contributions receive favorable treatment under the U.S. tax code and are expensive to the federal treasury.

School districts in Mississippi receive funding from three sources: state, local, and federal contributions.

«NCLB must be overhauled if the federal government is to make a useful contribution to enhancing the quality of education received by low - income and minority group students.»

FACT: House Bill 134 expressly prohibits donors from receiving more back on their federal and state taxes than their contribution to a scholarship program.

Tennessee graduates who qualify for the Federal Pell Grant and have an Expected Family Contribution (EFC) under $ 2,100 can receive additional aid through the Tennessee Student Assistance Award.

Although you receive no federal income tax deduction for contributions to a 529 plan, earnings grow federal income tax deferred and may be withdrawn federal income tax free if used for qualified higher education expenses, which includes expenses such as tuition and fees, books, supplies, and room and board for students enrolled at least half time.

Only the first $ 2,500 of contributions per year to RESPs will receive a Canada Education Savings Grant (CESG) from the federal government.

The MI 529 Advisor Plan enables your savings to grow free of state and federal income tax and your contributions to receive a state income tax deduction up to a certain amount.

Students who are ineligible to receive a federal Pell grant based on their expected family contribution and have a parent or guardian who was a member of the U.S. armed forces and passed away as a result of military service in Iraq or Afghanistan after the events of 9/11 may qualify for an Iraq and Afghanistan Service grant.

Each student has the potential to receive one or more types of federal student aid through the FAFSA based on his or her dependent status, expected family contribution, and financial need.

While contributions receive no deduction on federal taxes, you may be eligible for state income deductions.

Under current law, only students with an expected family contribution (EFC)-- the amount that the federal government expects a family to pay toward the student's postsecondary education expenses — of less than about $ 5,200 are eligible for a Pell grant, whereas recipients of subsidized loans may have a larger EFC, as long as it is less than their estimated tuition, room, board, and other costs of attendance not covered by other aid received.

By participating in the TSP, Federal employees and service members have the opportunity to save part of their income for retirement, receive matching agency contributions, and reduce their current tax base.

If you meet these requirements and are eligible to receive a Federal Pell Grant, your eligibility will be calculated as if your Expected Family Contribution (EFC) were zero.

Your voluntary contributions may not exceed 10 percent of the total basic pay you received during all of your Federal service.

Federal (and sometimes state) taxes on the employee contributions and investment earnings are deferred until the participant receives a distribution from the plan (typically at retirement).

Northeast Animal Shelter receives no local, state or federal funding and is entirely dependent on contributions from the public to cover its annual operating budget.

NEAS receives no local, state or federal funding and is entirely dependent on contributions to cover its annual operating budget.

The BAAC relies solely on charitable contributions to achieve its mission and does not receive any operating funds from local, state, or federal governments.

If you are a federal or a state government employee — or if your company conducts its own giving campaign — please consider designating Service Dogs for America to receive your workplace contributions.

It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The Survey is supported by the Swiss Federal Department of Foreign Affairs, and receives contributions from the governments of Belgium, Canada, Finland, the Netherlands, Norway, Sweden, and the United Kingdom.

The federal judicial pension is extremely generous — a judge can retire at age 65 with only 15 years of judicial service (or at 70 with 10 years), and receive his full salary for life; nor does he make any contribution to funding the pension.

35 In addition, the Court held in paragraphs 29 and 30 of that judgment that the Austrian compensatory supplement has to be regarded as «non ‑ contributory», given that the costs are borne by a social institution which then receives reimbursement in full from the relevant Land, which in turn receives from the Federal budget the sums necessary to finance the benefit, and that at no time do the contributions of insured persons form part of this financing arrangement.

Employees who've paid the Federal Insurance Contributions Act (FICA) tax for a certain amount of time, are eligible to receive the Social Security disability income insurance.

Here is the breakdown of banks» contributions to federal politicians during the 2016 election cycle: Chart: OpenSource.org If you're wondering which candidates receive the most dough, look no further than the Democratic presidential candidate Hillary Clinton, who was the biggest recipient of bank money in the 2016 cycle.

Households in some areas earning up to $ 40,000 a year would be eligible to receive a dollar - for - dollar matching contribution from the federal government as a savings incentive.