Sentences with phrase «reduce claim amounts»

These large insurers can take action to attempt to reduce claim amounts and create difficulty for the family who has a valid injury case.

If you have more than one deductible, you'll have to reduce your claim amount by each deductible.

Even if it can be proven that the other driver was at fault, the other side might try to reduce your claim amount by trying to find ways to hold you partly responsible.

Not exact matches

«When you claim the GST / HST you paid on your business expenses as an input tax credit, reduce the amounts of the business expenses you show on Form T2125, Statement of Business or Professional Activities, by the amount of the input tax credit.

If your income is higher than that benchmark, you can claim a reduced amount of the credit.

The Company recognizes a liability and reduces revenue for rebates or other incentives based on the estimated amount of rebates or credits that will be claimed by customers.

A Government of Canada website provides a table with the 94 deductions and tax credits you may be able to claim to reduce the amount of tax you must pay.

As you can see, claiming benefits early can significantly reduce the amount of money you receive each month.

«Debt relief or settlement companies often claim that they can work with your creditors to reduce the amount of money you owe, but that doesn't necessarily mean your loan will settle,» said Dudum.

The limitation on itemized deductions (sometimes called «Pease» after the Ohio congressman who proposed it) reduces deductions for high - income taxpayers by 3 percent of the amount by which their AGI exceeds a threshold — $ 261,500 in 2017 ($ 287,650 for heads of household, $ 313,800 for married couples filing jointly, and half of that for married couples filing separately)-- but not by more than 80 percent of deductions claimed.

Dividend tax credit: a credit you can claim on your tax return that reduces the amount of tax you pay on dividends from Canadian companies

Today, Prime Minister David Cameron said if he wins the next general election, his government would reduce the maximum amount a household could claim in benefits from # 26,000 to # 23,000 a year.

His other challenge came out of my major moral claim, that any serious effort to reduce emissions by any significant amount, let alone the 60 - 80 % called for by the European Union and some of our presidential candidates, would destroy economies all over the world and condemn the poor to perpetual poverty - which is why China and India will have nothing to do with emissions caps.

Several more claim to be «reduced fat», «light» or «lite» meaning the yoghurt contains at least 25 % less fat than in the same amount of reference food.

But the fees office refused the full amount when he claimed for a # 2,175 television from Harrods, and a # 6,765 claim for bedroom furniture and equipment was reduced by officials.

After two bribery scandals shook the legislature last week, Governor Cuomo announced new legislation that he claims will help reduce the amount of corruption in Albany.

He was said to have been refused the full amount when he claimed for a # 2,175 television from Harrods, and also had a # 6,765 claim for bedroom furniture and equipment reduced.

Janov claimed this experience could reduce patients» suffering in a relatively short amount of time.

In addition, he says that companies could reduce the amount of vitamins and minerals they add to foods and supplements, yet still be able to claim their product meets the FDA's standards.

-- Low Fat, Low Sodium, Light, or Reduced: While food labeled low fat (3 g of fat or less per serving) and / or low sodium (140 mg or less of sodium per serving) must meet a set standard to stamp this claim on packages, foods labeled as «reduced» or «light» simply has less than the original Reduced: While food labeled low fat (3 g of fat or less per serving) and / or low sodium (140 mg or less of sodium per serving) must meet a set standard to stamp this claim on packages, foods labeled as «reduced» or «light» simply has less than the original reduced» or «light» simply has less than the original amount.

While the exact reasons why wearing copper reduces inflammation are not completely understood, many wearers claim it does this by opening the flow of energy, commonly referred to as «Chi» small amounts of copper also rub off onto the skin with daily wear, and this increases the amount of superoxide dismutase (SOD) within the body promoting strong anti-inflammatory protection.

Proponents claim that it not only sheds excess fat from the body in a short amount of time, but also has many other benefits including better glycaemic control, reduced levels of IGF - I and reduced oxidative stress.

They also claim that at very small amounts, below even the level required to sweeten food, it can serve as a flavour enhancer, thus reducing the requirement for expensive flavours such as onion etc..

To qualify for this claim, a product must contain all portions of the grain kernel, contain at least 51 percent whole grain by weight per reference amount customarily consumed, and meet specified levels for fat, cholesterol, and sodium.18 A health claim might read, «Diets rich in whole - grain foods and other plant foods and low in total fat, saturated fat, and cholesterol may help reduce risk of heart disease and certain cancers.»

The amount the kidnappers are willing to take for John's return keeps being reduced, and still, Getty refuses to offer any monetary aid to the woman whom he once called his daughter, in order to help the young man he claims to love.

Claim frequency under collision coverage, which includes many of the same crashes that fall under property damage liability but also a lot of single - vehicle crashes that these systems are not designed to address, also was reduced but by a smaller amount.

But if you claim Social Security before full retirement age and continue working, your earnings might reduce your benefit amount — but only until you reach full retirement age.

If you meet all other requirements but the amount of tax you owe at the end of the year is either zero or an amount that is less than the credit, you can not claim the full child tax credit of $ 1,000; however, you may be eligible for the reduced additional child tax credit if you complete IRS Form 8812.

If you want to give yourself a raise by reducing the amount of taxes withheld, simply claim as many allowances as you legally can.

For example, financial planner and Texas Tech associate professor John Salter demonstrated how different claiming strategies, such as filing and suspending and filing a restricted application, that can significantly boost the amount of inflation - adjusted Social Security payments over a lifetime and how a reverse mortgage might be used as a back - up line of credit that can be drawn on during prolonged market downturns to reduce the chance of running out of money.

Even better, defense being at their expense means that payment for that defense doesn't reduce the amount of your policy available to settle a claim.

The insurance company has a duty to defend you, in order to reduce the amount paid on liability claims and to protect all their policyholders and the financial strength of the claims reserves.

Assuming she's able to use a combination of vacation / sick leave as needed, those hours are worth as much as her current hourly rate during the pregnancy, and half as much after (if they reduce they amount she can claim from short term disability).

If you do claim the expenses, you must reduce the amount of hobby expenses and other miscellaneous deductions by 2 percent of your adjusted gross income.

Assuming that the market APR (interest rate including monthly mortgage insurance) is 5.5 %, the borrowers could get a partial claim for $ 51,000, reducing their loan amount to $ 149,000 and their total payment to $ 1146 ($ 846 plus $ 300 taxes and insurance).

When you take a deduction, you are claiming a cost that you can reasonably say reduces the amount of income that you have that should be taxed.

But in some states, like Arizona, you can claim private school tuition to help reduce the amount of state tax you'll owe.

Defense outside the policy limits just means that the amount spent on lawyers by the insurance company does not reduce the amount available to pay the claim.

If you receive tax - free or tax - deductible dependent care benefits from your work, you will need to reduce the amount of credit you claim by this amount.

While you might be thinking you can reduce the amount withheld by claiming more allowances, if you don't have enough withheld during the year, you'll have to pay the balance — and possibly additional interest and penalties — when you file your taxes at the end of the year.

For example, if you claim a deduction for depreciation of an asset, you reduce your basis in that asset by the amount of the deduction.

Claiming this tax credit does add a certain amount of hassle to preparing your tax return, but because it can reduce your tax bill by thousands of dollars, it's worth the trouble.

• Your withholding status (tells your employer whether to withhold at the «single» tax rate or the lower «married» tax rate) • The number of withholding allowances you claim (each allowance reduces the amount of tax withheld) • Whether you want an additional amount withheld

For 2010, the maximum amount that can be claimed as an Age Credit is $ 6,446, but this amount is reduced by 15 per cent of your net taxable income in excess of $ 32,506 and disappears completely once your taxable income reaches $ 75,479.

• Fees to have someone complete your tax return but only if: o you had income from a business or property; o accounting was a usual part of the operations of your business or property; and o you did not use the amounts claimed to reduce the business or property income you reported.

Qualified fishing property is also eligible for the enhanced lifetime cumulative capital gains deduction limit to $ 1 million, effective for dispositions of qualified fishing property after April 20, 2015.39 Similar to the rules for farm property and small business shares, the available capital gains deduction will be reduced by the amount of capital gains deductions claimed on other property.

By defending you outside of the policy limits, the amount available to pay for the claim is not reduced by what the company spends on defense.

Choosing a higher deductible reduces the amount of money your insurance company pays in the event of a claim, so if you're willing to pay a higher deductible, insurance providers are willing to lower your premium.

On the other hand, with contents insurance, a common claim amount may be in this range (a burn in a carpet, etc) and hence it may be worth paying the slightly higher premium to reduce your excess.

The amount of your standard deduction may be reduced if you are claimed as a dependant on another person's income tax return.