Sentences with phrase «recent tax year»

For the 2012 scheme the maximum upper age of a qualifying child is 20 and not 19; benefit claimants ar no longer obliged to apply for child support; and the assessment basis is gross income with the income returned to HMRC for the most recent tax year being generally used.

U.S. Bancorp Investment Accounts: Tax documents for the most recent tax year will be available after January 21 for qualified distributions and after February 15 for all other types.

I was audited for the most recent tax year 2017.

A: Transcripts for past tax returns are available for the most recent tax year, as well as the three previous years.

The FAFSA asks for information about the borrower, including social security number, date of birth, address, and financial circumstances including recent tax year numbers.

We will require your T4A for the most recent tax year or 3 months bank statements confirming automatic deposits.

The FAFSA asks for information about the borrower, including social security number, date of birth, address, and financial circumstances including recent tax year numbers.

Copies of the debtor's tax returns for the most recent tax years and the tax returns filed during the case must be given to the trustee.

Not exact matches

Upstate has become a hub for manufacturing and engineering in recent years, since state tax breaks lured employers like BMW, Michelin and GE.

They also follow a recent pledge by the bank to build more branches and expand hiring in underserved neighborhoods and expand its philanthropic work, in response to an expected windfall from the passage of federal corporate tax cuts last year.

In recent years, LLCs have become popular due to their tax incentives.

«While the most recent dividend was paid in May of last year, we believe there is potential for the company to accelerate this timeline given our estimate of a 14 % FCF [free cash flow] benefit from tax reform and the company's strong underlying cash flow,» he wrote.

The tax package is «ultimately worth almost two additional Fed hikes» in coming years, Goldman Sachs economists David Mericle and Alec Phillips wrote in a recent analysis.

The Internal Revenue Service estimates that in 2014 (the most recent year for which data is available) it prevented $ 22.5 billion in attempted identity - theft tax fraud — but paid out $ 3.1 billion in fake refunds.

Amazon has significantly increased the number of U.S. states where it charges sales tax in recent years, though primarily because the expansion of its network of warehouses and fulfillment centers has made it mandatory.

They also have recent real - world examples to make their case: Tax cuts in Kansas made by Gov. Sam Brownback failed to deliver the expected boost, forcing the state into years of grueling budget battles and harsh spending cuts to make up the gap.

Corporate tax avoidance has risen to the top of the political agenda in Britain in recent years, following revelations about the complex tax structures used by big companies like Starbucks and Google.

Tax experts say he might even have owed no income taxes in one or more recent years by using real estate depreciation provisions and carrying forward business operating losses from previous years.

Most pressing, perhaps, is the troubling migration of businesses from Toronto to the suburbs in recent years, which, says Miskin, is due primarily to the city's high commercial tax rate, not the relatively insignificant taxes Ford has pledged to abolish.

In response to a question about whether Trump had paid no taxes in recent years and how long the negative tax liability of the late»70s continued, Trump campaign spokeswoman Hope Hicks emailed: «You must be kidding, that is more than 35 years ago when we had an entirely different tax system.»

A number of wealthy individuals have been trading up their U.S. passports for our friendlier northern tax climate in recent years, however, fleeing unpleasant U.S. obligations such as inheritance and gift taxes, which Canada does not collect.

In recent years the UK tax collector, HMRC, has come under pressure to crack down on tax evasion — which is illegal, whereas avoidance is not — and increase tax receipts.

In recent years, the Affordable Care Act and the bipartisan tax negotiations in late 2012 have led to large increases in tax rates on high salaries and capital income, making the tax code significantly more progressive.

Earnings estimates for the 2018 fiscal year are being revised upwards by some analysts to account for the impending bump from recent interest rate hikes and a U.S. corporate tax cut from 35 per cent to 21 per cent that took effect on Jan. 1.

Because so many of the new jobs created in recent years have been self - employed, it's reduced the amount of tax the government can collect and use for public services.

That kind of strategy helped Alphabet (googl), for instance, pay an effective tax rate of just 19.3 % in its most recent fiscal year.

The use of syndicated easement deductions has exploded in recent years, according to Brookings Institution economist Adam Looney, who began researching the subject while serving as a top tax official in the Obama Treasury Department.

But it has failed to recover in recent years because of a series of policies that increase the burden on small - business owners — higher taxes, increases to health - care costs, more costly regulations, and now the minimum wage increase proposal

Joly stated during Best Buy's most recent conference call that 89 % of the U.S. population now lives in states where Amazon collects sales tax, up from less than 50 % three years ago.

In a recent letter to Mayor Edwin M. Lee and the city's Board of Supervisors, Twitter said that it had all but decided to leave the city because of higher rent, taxes and other expenses that would cost it an extra $ 30 million over the next five years.

In recent years, analysts have increasingly assumed, in their models, that deficits resulting from tax cuts are ultimately paid for by tax increases or spending cuts several decades in the future.

The budget would also require beneficiaries to have worked more in recent years, create a new demonstration project for experience - rating the SSDI payroll tax, update eligibility requirements, prevent double - dipping between SSDI and unemployment insurance, end SSDI eligibility for those who have reached Social Security's early retirement age, and reform the appeal process.

Bonus depreciation: In recent years, the percentage for first - year «bonus depreciation» deductions has fluctuated, complicating tax planning.

Given recent economic developments (which suggest there will be no surplus this year) and global uncertainties, together with a commitment by all three major political parties to balanced budgets and no tax increases (other than the NDP), it would be fiscally imprudent for any political party to make new major election «promises» in the coming months without indicating how they would be financed.

«In 2007 — the most recent year for which such data are available — some 20 000 small businesses that were CCPCs received about $ 1.3 billion in SR&ED tax credits (Figure 6.3).

Atop Apple's offshore network is a subsidiary named Apple Operations International, which is incorporated in Ireland — where Apple had negotiated a special corporate tax rate of 2 percent or less in recent years — but keeps its bank accounts and records in the United States and holds board meetings in California.

Holders who purchase units at different times and intend to sell all or a portion of the units within a year of their most recent purchase are urged to consult their tax advisors regarding the application of certain «split holding period» rules to them and the treatment of any gain or loss as long - term or short - term capital gain or loss.

an individual whose net income before taxes exceeded $ 200,000 in each of the 2 most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $ 300,000 in each of the 2 most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year,

Their recent dividend growth has been amazing and I hope the extra money from the tax reforms will boost the dividend increases the next few years.

Because the higher standard deduction will exceed the value of itemized deductions for many taxpayers, the Tax Policy Center estimates that more than 25 million families will stop itemizing in 2018 — that's more than half the number of people who have itemized in recent years.

«One of the most contrarian calls we have made this year is that US profit repatriation flows following the recent tax reform will be bullish for the USD,» the analysts wrote in a note to clients Thursday.

In recent years, Vermont increased the gas tax, and it is now 32 cents per gallon.

As the CCPA calculated in our recent tax paper, if B.C. taxed today at the same rates that prevailed in the year 2000, the public treasury would be $ 3.5 billion richer.

A recent BofA Merrill Lynch report, though, predicts that a dollar rebound is likely in the first half of this year, in part due to corporate repatriation flows stemming from Washington's revamped tax code.

Due to recent tax - law changes, anyone with an adjusted gross income above $ 250,000 — for a married couple filing jointly, it's $ 300,000 — will face a limit on itemized deductions that could thus limit their potential tax savings for the 2013 tax year.

Small and medium - sized businesses, who make up the bulk of tax credit applications in recent years, now have the facility of Advanced Assurance.

CWB Group's 2014 Public Accountability Statement provides a detailed account of some of Canadian Western Bank's (CWB) activities related to community investment, small business financing, number of employees and taxes paid in its most recent fiscal year (November 1, 2013 to October 31, 2014).

If you haven't filed a federal income tax return in the past two years, or if your current income is significantly different from the income reported on your most recent federal income tax return (for example, if you lost your job or have experienced a drop in income), alternative documentation of your income will be used to determine your eligibility and calculate your monthly payment amount.

Common paperwork includes W - 2 statements and federal tax returns from the last 2 years; your two most recent paystubs; and your last two bank statements.

«A 10 % increase on the same show last year is a clear sign more people want to buy overseas, tax changes on second homes in the UK announced in the recent budget is one factor contributing to buyers looking abroad.»