Sentences with phrase «reduce current year»

In that case, a corporation may be able to apply the loss first to reduce current year taxes and any excess loss might be used to get «quickie» cash refunds from the IRS with regard to taxes paid in the prior two years.

In that case, a corporation may be able to apply the loss first to reduce the current year taxes and any excess loss might be used to get «quickie» cash refunds from the IRS with regard to taxes paid in the prior two years (sometimes five years).

Under guidance provided by the IRS, the fund is required to reduce the current year's foreign income taxes paid by the fund by the amount of the reclaim.

These allow you to pay premiums before taxes are taken out, reducing your current year's taxable income.

The sale of assets used in a trade or business (Section 1231 Assets) at a loss generally creates an ordinary loss that the corporation can apply to offset current year taxable income, if any, thereby reducing current year tax liability.

Not exact matches

Then, you reduce the number (1 + 7 = 8) and you find that the current year is the eighth of your personal cycle.

Monadelphous Group says it will be looking to reduce costs to weather the current market conditions, with the company announcing a 23.6 per cent slide in net profit for the 2015 financial year, to $ 105.8 million.

Current retirees can collect as early as age 62, but their benefit will be permanently reduced by a percentage based on the number of months before they reach full retirement age, which ranges from age 65 to 67, depending upon birth year.

The current agreement between OPEC and allied non-OPEC producers to reduce oil output by 1.8 million barrels a day is set to extend through the end of the year.

Most state agencies are grappling with spending cuts of 5.5 %, and they're bracing for more belt tightening as state economists prepare to release reduced revenue estimates for the current and coming fiscal year.

The effect could be greater if the federal government continues tightening mortgage rules by reducing the maximum amortization period from the current 30 years back to 25.

PERTH - BASED oil producer Amadeus Petroleum NL — a relatively small operator in the United States oil patch — has chalked up a near million dollar net profit in the current financial year and considerably reduce its debt.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

Just note that as of current tax law, you can only deduct $ 3,000 in annual capital gains per year, e.g. your $ 10,000 in taxable capital gains can be reduced to $ 7,000 in taxable capital gains.

A Self - Employed 401 (k) may substantially reduce your current income taxes because generally, you can deduct the entire amount of your plan contributions from your taxable income each year.

So when we include estimated foreign GVA, we don't get to just reduce current valuation multiples by one - third and leave the valuations of prior years unchanged.

[01:10] Introduction [02:45] James welcomes Tony to the podcast [03:35] Tony's leap year birthday [04:15] Unshakeable delivers the specific facts you need to know [04:45] What James learned from Unshakeable [05:25] Most people panic when the stock market drops [05:45] Getting rid of your fear of investing [06:15] Last January was the worst opening, but it was a correction [06:45] You are losing money when you sell on corrections [06:55] Bear markets come every 5 years on average [07:10] The greatest opportunity for a millennial [07:40] Waiting for corrections to invest [08:05] Warren Buffet's advice for investors [08:55] If you miss the top 10 trading days a year... [09:25] Three different investor scenarios over a 20 year period [10:40] The best trading days come after the worst [11:45] Investing in the current world [12:05] What Clinton and Bush think of the current situation [12:45] The office is far bigger than the occupant [13:35] Information helps reduce fear [14:25] James's story of the billionaire upset over another's wealth [14:45] What money really is [15:05] The story of Adolphe Merkle [16:05] The story of Chuck Feeney [16:55] The importance of the right mindset [17:15] What fuels Tony [19:15] Find something you care about more than yourself [20:25] Make your mission to surround yourself with the right people [21:25] Suffering made Tony hungry for more [23:25] By feeding his mind, Tony found strength [24:15] Great ideas don't interrupt you, you have to pursue them [25:05] Never - ending hunger is what matters [25:25] Richard Branson is the epitome of hunger and drive [25:40] Hunger is the common denominator [26:30] What you can do starting right now [26:55] Success leaves clues [28:10] What it means to take massive action [28:30] Taking action commits you to following through [29:40] If you do nothing you'll learn nothing [30:20] There must be an emotional purpose behind what you're doing [30:40] How does Tony ignite creativity in his own life [32:00] «How is not as important as «why» [32:40] What and why unleash the psyche [33:25] Breaking the habit of focusing on «how» [35:50] Deep Practice [35:10] Your desired outcome will determine your action [36:00] The difference between «what» and «why» [37:00] Learning how to chunk and group [37:40] Don't mistake movement for achievement [38:30] Tony doesn't negotiate with his mind [39:30] Change your thoughts and change your biochemistry [40:00] The bad habit of being stressed [40:40] Beautiful and suffering states [41:50] The most important decision is to live in a beautiful state no matter what [42:40] Consciously decide to take yourself out of suffering [43:40] Focus on appreciation, joy and love [44:30] Step out of suffering and find the solution [45:00] Dealing with mercury poisoning [45:40] Tony's process for stepping out of suffering [46:10] Stop identifying with thoughts — they aren't yours [47:40] Trade your expectations for appreciation [50:00] The key to life — gratitude [51:40] What is freedom for you?

applying capital losses generated in the current year in future years to reduce future tax liability

Despite stronger than expected growth in the second half, the central bank has actually reduced its outlook for the next two years, saying that's when the current appreciation of the currency will show up in growth figures.

And while the new, combined company will likely still be run by current popular T - Mobile CEO John Legere, the very act of eliminating one of only four major players in the wireless market will indisputably reduce the incentive to more seriously compete on price, and could help reverse the progress the sector has seen in recent years.

However, under current legislation, once the cumulated deficit in the Account has been eliminated, EI premium rates will need to be reduced by a maximum of 10 cents per year.

During the quarter, Square Enix reduced its sales, earnings and profit margin forecasts for the current fiscal year.

Despite lower earnings, management reduced its current capital spending budget and expects free cash flow to improve for the remainder of the year.

On a $ 250,000 home loan, the homeowner reduces her principal by $ 400 each month during the first year, assuming current mortgage rates.

Wells Fargo has reduced its earnings estimates for Frontier Communications Corp (NASDAQ: FTR) for the current year and next year citing the leverage ratio due to the integration of assets from Verizon Communications Inc. (NYSE: VZ).

Indeed, just 6 % of adults who currently buy economy own label products expect to reduce their usage in the coming year, while one in eight (18 %) current users expect to buy more in the year ahead.

The following is a list of our current U.S. Food Loss and Waste 2030 Champions who have committed to reduce food loss and waste in their own operations in the United States by 50 percent by the year 2030:

With the Argentina international refusing to sign a new deal at the Stadio Olimpico, it could be that the fee is reduced as he is in the final year of his current contract.

Arsenal's current options are Nacho Monreal, who is solid but lacking much firepower and already 31; and Kieran Gibbs, whose playing time has gradually reduced over the years as Wenger's confidence in him has failed.

Ozil's current deal expires at the end of this season, and there has been speculation that the 29 - year - old could leave the Emirates Stadium for a reduced price in January rather than Arsenal risking him leaving -LSB-...]

While the park district budget will be $ 38 million higher than in 1985, the tax burden will be reduced by a $ 29 million surplus carry - over from the present year and from $ 28 million in expenditures from bond issues which will not affect the current tax levy.

To reduce deer density from current levels, we have set a goal of removing 25 - 30 deer per year for several years from Moose Hill and Ipswich River.

Current debates about the economic situation in Spain, for example, are centred on the country's need to reduce its budget deficit to 5.3 % of GDP, as agreed this year with European partners in Brussels.

Advocates, including the roughly two dozen groups that support the City Council legislation, promoted a state plan to reduce new HIV infections in New York from the current roughly 3,000 a year to 750 by 2020, which they say would «end» AIDS as an epidemic in New York.

First, the mechanics of the shortfall: the government needs to reduce net migration by more than 142,000 per year from current levels to meet its goal of «the tens of thousands.»

The government on Wednesday set out areas of agreement between it and the joint committee: a mainly elected chamber, elected members voted on a system of single transferable vote, staggered elections with one third coming up for renewal at a time, peers to serve 15 - year terms, current peers to leave in stages, a reduced number of peers, and powers to expel peers.

· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.

In June of last year, Governor Andrew Cuomo endorsed the plan aimed at reducing new HIV infections in New York from the current roughly 3,000 annually to 750 a year by 2020.

The current Caravan Park Watch scheme in Skegness was started in early 2014 when Community Inspector Andy Morrice got together with caravan park owners and representatives from the caravan manufacturing and insurance industries to discuss ways to help reduce the number of burglaries from caravans on holiday parks that occur each year, especially during the closed winter season.

In the last quarter of the current State fiscal year, for example, withholding collections are expected to be reduced by more than $ 1.0 billion because of the tax law changes.

The Personal Income Tax (PIT) actions taken by the governor and the Legislature this month should reduce projected deficits in the near - term, but balancing next year's budget will again be a struggle, and current conditions add risk to the upcoming state budget.»

Meanwhile, the ABO notes rather dryly that the ABO's budget has been reduced in the current year to $ 1.7 million, despite the addition of 63 new authorities.

President Muhammadu Buhari may have given up his campaign promise of a stable power due to the current economic reality as he has now reduced his promise of 20,000 megawatts of electricity in the next 3 years to 10,000 megawatts.

He said the administration however, has already started reducing its reliance on casino revenue and does not anticipate any after 2023, the year the current compact between the Seneca Nation and the state concludes.

The GOP candidate embraced a tax plan issued by House Republicans this year that would reduce taxes on all Americans but would especially benefit the affluent: It would lower the tax rate for the highest earners to 33 percent, from the current 39.6 percent.

The Cuomo administration's own Office of Mental Health stated in its most recent five year plan that current «state psychiatric hospital capacity can not be responsibly and rapidly reduced without managed investments in community care.»

The Cuomo administration's own Office of Mental Health stated in its most recent five - year plan that current «state psychiatric hospital capacity can not be responsibly and rapidly reduced without managed investments in community care.»

Assessing options and scenarios to proactively address potential significant additional budget reductions in 2011, including one of several options listed in the current Erie County Four Year Financial Plan to balance projected funding gaps that would reduce the Library's 2011 allocation by a further 10 % ($ 2.2 million); and

A central tenet of the report calls for reducing the number of inmates in the city to 5,000, from the current average of about 10,000, within 10 years.

With New York's state - funded debt projected to reach $ 63.7 billion at the end of the current fiscal year and to increase to $ 71.8 billion over the following four years, a report released by NYS Comptroller Thomas DiNapoli on December 14 outlined how the money poured into authorities can be monitored to reduce the state's debt.